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$797,986$797,986$881,910
Remaining term (yrs)26.426.430.0
Secondary amount$0$83,924$0
Funding fee$0$0$0
Note rate6.320%6.320%7.240%
Blended rate6.870%7.073%7.480%
1st payment$5,176.86$5,176.86$6,010.20
2nd payment$0.00$629.43$0.00
Taxes / mo$245.33$245.33$245.33
Insurance / mo$216.67$216.67$216.67
MI / mo$382.53$382.53$176.38
HOA / mo$36.67$36.67$36.67
Total monthly$6,058.05$6,687.49$6,685.25
Cash to close$181,914$97,990$97,990