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$287,968$287,968$314,910
Remaining term (yrs)29.329.330.0
Secondary amount$0$26,942$0
Funding fee$0$0$0
Note rate6.160%6.160%7.240%
Blended rate6.710%6.906%7.480%
1st payment$1,770.16$1,770.16$2,146.11
2nd payment$0.00$202.07$0.00
Taxes / mo$166.67$166.67$166.67
Insurance / mo$150.00$150.00$150.00
MI / mo$133.03$133.03$62.98
HOA / mo$22.00$22.00$22.00
Total monthly$2,241.86$2,443.93$2,547.75
Cash to close$61,932$34,990$34,990