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$148,467$148,467$215,010
Remaining term (yrs)28.928.930.0
Secondary amount$0$66,543$0
Funding fee$0$0$0
Note rate6.500%6.500%7.240%
Blended rate7.050%7.653%7.480%
1st payment$948.10$948.10$1,465.29
2nd payment$0.00$499.07$0.00
Taxes / mo$64.00$64.00$64.00
Insurance / mo$150.00$150.00$150.00
MI / mo$68.75$68.75$43.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,230.85$1,729.92$1,722.29
Cash to close$90,433$23,890$23,890