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$188,188$188,188$297,000
Remaining term (yrs)23.923.930.0
Secondary amount$0$108,812$0
Funding fee$0$0$0
Note rate3.020%3.020%7.240%
Blended rate3.870%5.383%7.480%
1st payment$917.21$917.21$2,024.05
2nd payment$0.00$725.42$0.00
Taxes / mo$178.00$178.00$178.00
Insurance / mo$150.00$150.00$150.00
MI / mo$153.71$153.71$59.40
HOA / mo$0.00$0.00$0.00
Total monthly$1,398.92$2,124.33$2,411.45
Cash to close$141,812$33,000$33,000