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$87,753$87,753$155,250
Remaining term (yrs)29.129.130.0
Secondary amount$0$67,497$0
Funding fee$0$0$0
Note rate6.270%6.270%7.240%
Blended rate6.820%7.768%7.480%
1st payment$546.20$546.20$1,058.03
2nd payment$0.00$506.23$0.00
Taxes / mo$15.75$15.75$15.75
Insurance / mo$150.00$150.00$150.00
MI / mo$40.57$40.57$31.05
HOA / mo$0.00$0.00$0.00
Total monthly$752.52$1,258.75$1,254.83
Cash to close$84,747$17,250$17,250