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$159,626$159,626$629,100
Remaining term (yrs)18.818.830.0
Secondary amount$0$469,474$0
Funding fee$0$0$0
Note rate4.090%4.090%7.240%
Blended rate4.940%7.037%7.480%
1st payment$1,011.10$1,011.10$4,287.30
2nd payment$0.00$3,032.02$0.00
Taxes / mo$398.67$398.67$398.67
Insurance / mo$166.67$166.67$166.67
MI / mo$148.40$148.40$125.82
HOA / mo$15.17$15.17$15.17
Total monthly$1,740.00$4,772.02$4,993.63
Cash to close$539,374$69,900$69,900