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$327,970$327,970$387,000
Remaining term (yrs)27.227.230.0
Secondary amount$0$59,030$0
Funding fee$0$0$0
Note rate6.95%6.95%7.24%
Blended rate7.5%7.729%7.48%
1st payment$2,235.85$2,235.85$2,637.40
2nd payment$0.00$442.73$0.00
Taxes / mo$178.08$178.08$178.08
Insurance / mo$150.00$150.00$150.00
MI / mo$154.81$154.81$77.40
HOA / mo$0.00$0.00$0.00
Total monthly$2,718.75$3,161.48$3,042.88
Cash to close$102,030$43,000$43,000