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$141,718$141,718$278,910
Remaining term (yrs)21.921.930.0
Secondary amount$0$137,192$0
Funding fee$0$0$0
Note rate4.54%4.54%7.24%
Blended rate5.39%6.674%7.48%
1st payment$849.73$849.73$1,900.77
2nd payment$0.00$914.61$0.00
Taxes / mo$228.00$228.00$228.00
Insurance / mo$150.00$150.00$150.00
MI / mo$118.24$118.24$55.78
HOA / mo$0.00$0.00$0.00
Total monthly$1,345.97$2,260.58$2,334.55
Cash to close$168,182$30,990$30,990