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$182,871$182,871$200,610
Remaining term (yrs)27.927.930.0
Secondary amount$0$28,884$0
Funding fee$0$0$0
Note rate6.470%6.470%7.240%
Blended rate7.020%7.682%7.480%
1st payment$1,179.67$1,179.67$1,367.15
2nd payment$0.00$285.83$0.00
Taxes / mo$61.00$61.00$61.00
Insurance / mo$150.00$150.00$150.00
MI / mo$85.81$85.81$40.12
HOA / mo$0.00$0.00$0.00
Total monthly$1,476.48$1,762.31$1,618.28
Cash to close$40,029$11,145$22,290