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$309,113$309,113$477,000
Remaining term (yrs)25.225.230.0
Secondary amount$0$167,887$0
Funding fee$0$0$0
Note rate3.12%3.12%7.24%
Blended rate3.97%5.388%7.48%
1st payment$1,472.31$1,472.31$3,250.75
2nd payment$0.00$1,119.25$0.00
Taxes / mo$215.58$215.58$215.58
Insurance / mo$166.67$166.67$166.67
MI / mo$243.61$243.61$95.40
HOA / mo$75.00$75.00$75.00
Total monthly$2,173.17$3,292.42$3,803.40
Cash to close$220,887$53,000$53,000