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$589,183$589,183$854,100
Remaining term (yrs)26.226.230.0
Secondary amount$0$264,917$0
Funding fee$0$0$0
Note rate6.950%6.950%7.240%
Blended rate7.800%7.784%7.480%
1st payment$4,072.85$4,072.85$5,820.68
2nd payment$0.00$1,710.92$0.00
Taxes / mo$338.42$338.42$338.42
Insurance / mo$216.67$216.67$216.67
MI / mo$435.82$435.82$170.82
HOA / mo$0.00$0.00$0.00
Total monthly$5,063.75$6,774.67$6,546.58
Cash to close$359,817$94,900$94,900