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$106,239$106,239$269,910
Remaining term (yrs)18.618.630.0
Secondary amount$0$163,671$0
Funding fee$0$0$0
Note rate3.8%3.8%7.24%
Blended rate4.65%6.681%7.48%
1st payment$662.94$662.94$1,839.43
2nd payment$0.00$1,091.14$0.00
Taxes / mo$169.58$169.58$169.58
Insurance / mo$150.00$150.00$150.00
MI / mo$100.78$100.78$53.98
HOA / mo$50.00$50.00$50.00
Total monthly$1,133.30$2,224.44$2,263.00
Cash to close$193,661$29,990$29,990