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$318,605$318,605$332,910
Remaining term (yrs)27.227.230.0
Secondary amount$0$32,800$0
Funding fee$0$0$0
Note rate6.61%6.61%7.24%
Blended rate7.16%7.6%7.48%
1st payment$2,101.79$2,101.79$2,268.78
2nd payment$0.00$324.59$0.00
Taxes / mo$222.92$222.92$222.92
Insurance / mo$150.00$150.00$150.00
MI / mo$150.68$150.68$66.58
HOA / mo$193.00$193.00$193.00
Total monthly$2,818.38$3,142.97$2,901.27
Cash to close$51,295$18,495$36,990