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$47,169$47,169$445,500
Remaining term (yrs)14.014.030.0
Secondary amount$0$398,331$0
Funding fee$0$0$0
Note rate4.370%4.370%7.240%
Blended rate5.220%7.482%7.480%
1st payment$374.24$374.24$3,036.07
2nd payment$0.00$2,572.55$0.00
Taxes / mo$206.25$206.25$206.25
Insurance / mo$166.67$166.67$166.67
MI / mo$53.13$53.13$89.10
HOA / mo$0.00$0.00$0.00
Total monthly$800.28$3,372.84$3,498.09
Cash to close$447,831$49,500$49,500