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$224,259$224,259$269,100
Remaining term (yrs)27.427.430.0
Secondary amount$0$44,841$0
Funding fee$0$0$0
Note rate6.740%6.740%7.240%
Blended rate7.290%7.575%7.480%
1st payment$1,495.06$1,495.06$1,833.91
2nd payment$0.00$336.31$0.00
Taxes / mo$64.75$64.75$64.75
Insurance / mo$150.00$150.00$150.00
MI / mo$105.76$105.76$53.82
HOA / mo$0.00$0.00$0.00
Total monthly$1,815.57$2,151.88$2,102.48
Cash to close$74,741$29,900$29,900