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$398,172$398,172$467,910
Remaining term (yrs)25.625.630.0
Secondary amount$0$69,738$0
Funding fee$0$0$0
Note rate5.000%5.000%7.240%
Blended rate5.850%6.319%7.480%
1st payment$2,297.38$2,297.38$3,188.80
2nd payment$0.00$523.04$0.00
Taxes / mo$139.17$139.17$139.17
Insurance / mo$166.67$166.67$166.67
MI / mo$303.14$303.14$93.58
HOA / mo$69.33$69.33$69.33
Total monthly$2,975.68$3,498.72$3,657.54
Cash to close$121,728$51,990$51,990