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$132,347$132,347$260,100
Remaining term (yrs)22.622.630.0
Secondary amount$0$127,753$0
Funding fee$0$0$0
Note rate4.140%4.140%7.240%
Blended rate4.990%6.468%7.480%
1st payment$750.84$750.84$1,772.58
2nd payment$0.00$851.69$0.00
Taxes / mo$68.92$68.92$68.92
Insurance / mo$150.00$150.00$150.00
MI / mo$109.54$109.54$52.02
HOA / mo$0.00$0.00$0.00
Total monthly$1,079.30$1,930.99$2,043.51
Cash to close$156,653$28,900$28,900