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$288,265$288,265$539,910
Remaining term (yrs)19.719.730.0
Secondary amount$0$251,645$0
Funding fee$0$0$0
Note rate3.600%3.600%7.240%
Blended rate4.450%5.988%7.480%
1st payment$1,696.36$1,696.36$3,679.48
2nd payment$0.00$1,625.21$0.00
Taxes / mo$190.08$190.08$190.08
Insurance / mo$166.67$166.67$166.67
MI / mo$264.29$264.29$107.98
HOA / mo$0.00$0.00$0.00
Total monthly$2,317.40$3,942.61$4,144.21
Cash to close$311,635$59,990$59,990