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$207,655$207,655$468,000
Remaining term (yrs)19.819.830.0
Secondary amount$0$260,345$0
Funding fee$0$0$0
Note rate2.950%2.950%7.240%
Blended rate3.800%5.997%7.480%
1st payment$1,146.46$1,146.46$3,189.41
2nd payment$0.00$1,681.40$0.00
Taxes / mo$263.17$263.17$263.17
Insurance / mo$166.67$166.67$166.67
MI / mo$172.19$172.19$93.60
HOA / mo$35.00$35.00$35.00
Total monthly$1,783.48$3,464.88$3,747.84
Cash to close$312,345$52,000$52,000