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$276,225$276,225$382,500
Remaining term (yrs)25.725.730.0
Secondary amount$0$106,275$0
Funding fee$0$0$0
Note rate5.25%5.25%7.24%
Blended rate6.1%6.628%7.48%
1st payment$1,632.03$1,632.03$2,606.73
2nd payment$0.00$708.50$0.00
Taxes / mo$78.75$78.75$78.75
Insurance / mo$150.00$150.00$150.00
MI / mo$209.35$209.35$76.50
HOA / mo$0.00$0.00$0.00
Total monthly$2,070.12$2,778.62$2,911.98
Cash to close$148,775$42,500$42,500