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$267,380$267,380$310,500
Remaining term (yrs)23.523.530.0
Secondary amount$0$43,120$0
Funding fee$0$0$0
Note rate6.67%6.67%7.24%
Blended rate7.22%7.467%7.48%
1st payment$1,877.27$1,877.27$2,116.05
2nd payment$0.00$323.40$0.00
Taxes / mo$144.33$144.33$144.33
Insurance / mo$150.00$150.00$150.00
MI / mo$125.45$125.45$62.10
HOA / mo$0.00$0.00$0.00
Total monthly$2,297.05$2,620.45$2,472.49
Cash to close$77,620$34,500$34,500