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$69,047$69,047$153,000
Remaining term (yrs)27.027.030.0
Secondary amount$0$83,953$0
Funding fee$0$0$0
Note rate7.2%7.2%7.24%
Blended rate7.75%8.436%7.48%
1st payment$483.47$483.47$1,042.69
2nd payment$0.00$629.65$0.00
Taxes / mo$39.08$39.08$39.08
Insurance / mo$150.00$150.00$150.00
MI / mo$32.64$32.64$30.60
HOA / mo$0.00$0.00$0.00
Total monthly$705.20$1,334.84$1,262.38
Cash to close$100,953$17,000$17,000