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$213,929$213,929$247,500
Remaining term (yrs)26.626.630.0
Secondary amount$0$33,571$0
Funding fee$0$0$0
Note rate6.350%6.350%7.240%
Blended rate6.900%7.185%7.480%
1st payment$1,386.89$1,386.89$1,686.71
2nd payment$0.00$251.78$0.00
Taxes / mo$262.25$262.25$262.25
Insurance / mo$150.00$150.00$150.00
MI / mo$102.16$102.16$49.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,901.30$2,153.08$2,148.46
Cash to close$61,071$27,500$27,500