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$144,608$144,608$427,410
Remaining term (yrs)16.916.930.0
Secondary amount$0$282,802$0
Funding fee$0$0$0
Note rate4.400%4.400%7.240%
Blended rate5.250%6.904%7.480%
1st payment$1,007.96$1,007.96$2,912.79
2nd payment$0.00$1,826.43$0.00
Taxes / mo$221.83$221.83$221.83
Insurance / mo$166.67$166.67$166.67
MI / mo$142.58$142.58$85.48
HOA / mo$0.00$0.00$0.00
Total monthly$1,539.04$3,365.47$3,386.77
Cash to close$330,292$47,490$47,490