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$263,219$263,219$405,000
Remaining term (yrs)23.723.730.0
Secondary amount$0$141,781$0
Funding fee$0$0$0
Note rate3.210%3.210%7.240%
Blended rate4.060%5.439%7.480%
1st payment$1,318.03$1,318.03$2,760.07
2nd payment$0.00$945.21$0.00
Taxes / mo$250.75$250.75$250.75
Insurance / mo$150.00$150.00$150.00
MI / mo$215.61$215.61$81.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,934.39$2,879.60$3,241.82
Cash to close$186,781$45,000$45,000