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$297,989$297,989$323,910
Remaining term (yrs)25.525.530.0
Secondary amount$0$25,921$0
Funding fee$0$0$0
Note rate4.72%4.72%7.24%
Blended rate5.57%5.844%7.48%
1st payment$1,673.56$1,673.56$2,207.44
2nd payment$0.00$194.41$0.00
Taxes / mo$243.33$243.33$243.33
Insurance / mo$150.00$150.00$150.00
MI / mo$228.04$228.04$64.78
HOA / mo$40.00$40.00$40.00
Total monthly$2,334.93$2,529.34$2,705.56
Cash to close$61,911$35,990$35,990