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$323,931$323,931$528,660
Remaining term (yrs)26.526.530.0
Secondary amount$0$204,729$0
Funding fee$0$0$0
Note rate6.540%6.540%7.240%
Blended rate7.090%7.346%7.480%
1st payment$2,144.08$2,144.08$3,602.81
2nd payment$0.00$1,322.21$0.00
Taxes / mo$176.83$176.83$176.83
Insurance / mo$166.67$166.67$166.67
MI / mo$154.83$154.83$105.73
HOA / mo$0.00$0.00$0.00
Total monthly$2,642.41$3,964.62$4,052.04
Cash to close$263,469$58,740$58,740