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$229,254$229,254$287,550
Remaining term (yrs)29.029.030.0
Secondary amount$0$58,296$0
Funding fee$0$0$0
Note rate6.300%6.300%7.240%
Blended rate6.850%7.286%7.480%
1st payment$1,432.80$1,432.80$1,959.65
2nd payment$0.00$437.22$0.00
Taxes / mo$55.92$55.92$55.92
Insurance / mo$150.00$150.00$150.00
MI / mo$106.10$106.10$57.51
HOA / mo$0.00$0.00$0.00
Total monthly$1,744.82$2,182.04$2,223.07
Cash to close$90,246$31,950$31,950