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$141,397$141,397$393,210
Remaining term (yrs)19.719.730.0
Secondary amount$0$251,813$0
Funding fee$0$0$0
Note rate3.660%3.660%7.240%
Blended rate4.510%6.585%7.480%
1st payment$838.87$838.87$2,679.72
2nd payment$0.00$1,626.29$0.00
Taxes / mo$241.17$241.17$241.17
Insurance / mo$150.00$150.00$150.00
MI / mo$129.73$129.73$78.64
HOA / mo$20.00$20.00$20.00
Total monthly$1,379.77$3,006.06$3,169.53
Cash to close$295,503$43,690$43,690