Coya Beaston

(615) 969-3457
Dan Frey Home Loans
Call Coya

Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · FHA
Assumable Loan + Second
Assumable · FHA
Current Market Conventional
New · Conventional
Loan amount$258,619$258,619$269,910
Remaining term (yrs)28.028.030.0
Secondary amount$0$26,286$0
Funding fee$0$0$0
Note rate6.090%6.090%7.240%
Blended rate6.640%7.123%7.480%
1st payment$1,603.73$1,603.73$1,839.43
2nd payment$0.00$260.12$0.00
Taxes / mo$90.25$90.25$90.25
Insurance / mo$150.00$150.00$150.00
MI / mo$121.42$121.42$53.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,965.40$2,225.53$2,133.66
Cash to close$41,281$14,995$29,990