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$155,441$155,441$553,410
Remaining term (yrs)13.813.830.0
Secondary amount$0$397,969$0
Funding fee$0$0$0
Note rate4.57%4.57%7.24%
Blended rate5.42%7.096%7.48%
1st payment$1,259.65$1,259.65$3,771.48
2nd payment$0.00$2,570.21$0.00
Taxes / mo$259.00$259.00$259.00
Insurance / mo$166.67$166.67$166.67
MI / mo$174.66$174.66$110.68
HOA / mo$0.00$0.00$0.00
Total monthly$1,859.98$4,430.19$4,307.83
Cash to close$459,459$61,490$61,490