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$351,306$351,306$373,500
Remaining term (yrs)26.626.630.0
Secondary amount$0$42,944$0
Funding fee$0$0$0
Note rate6.390%6.390%7.240%
Blended rate6.940%7.478%7.480%
1st payment$2,289.11$2,289.11$2,545.40
2nd payment$0.00$424.96$0.00
Taxes / mo$138.50$138.50$138.50
Insurance / mo$150.00$150.00$150.00
MI / mo$167.91$167.91$74.70
HOA / mo$25.00$25.00$25.00
Total monthly$2,770.51$3,195.48$2,933.60
Cash to close$63,694$20,750$41,500