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$149,191$149,191$413,910
Remaining term (yrs)15.915.930.0
Secondary amount$0$264,719$0
Funding fee$0$0$0
Note rate3.62%3.62%7.24%
Blended rate4.47%6.568%7.48%
1st payment$1,024.81$1,024.81$2,820.79
2nd payment$0.00$1,709.64$0.00
Taxes / mo$244.83$244.83$244.83
Insurance / mo$166.67$166.67$166.67
MI / mo$159.27$159.27$82.78
HOA / mo$0.00$0.00$0.00
Total monthly$1,595.58$3,305.22$3,315.07
Cash to close$310,709$45,990$45,990