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$309,073$309,073$377,100
Remaining term (yrs)24.924.930.0
Secondary amount$0$68,027$0
Funding fee$0$0$0
Note rate2.87%2.87%7.24%
Blended rate3.72%4.672%7.48%
1st payment$1,444.85$1,444.85$2,569.93
2nd payment$0.00$510.20$0.00
Taxes / mo$97.92$97.92$97.92
Insurance / mo$150.00$150.00$150.00
MI / mo$246.83$246.83$75.42
HOA / mo$0.00$0.00$0.00
Total monthly$1,939.60$2,449.80$2,893.27
Cash to close$109,927$41,900$41,900