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$129,637$129,637$260,550
Remaining term (yrs)20.920.930.0
Secondary amount$0$130,913$0
Funding fee$0$0$0
Note rate4.625%4.625%7.24%
Blended rate5.475%6.744%7.48%
1st payment$804.99$804.99$1,775.64
2nd payment$0.00$872.75$0.00
Taxes / mo$170.42$170.42$170.42
Insurance / mo$150.00$150.00$150.00
MI / mo$109.15$109.15$52.11
HOA / mo$0.00$0.00$0.00
Total monthly$1,234.56$2,107.31$2,148.17
Cash to close$159,863$28,950$28,950