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$287,244$287,244$324,000
Remaining term (yrs)26.326.330.0
Secondary amount$0$36,756$0
Funding fee$0$0$0
Note rate6.130%6.130%7.240%
Blended rate6.680%6.943%7.480%
1st payment$1,831.53$1,831.53$2,208.05
2nd payment$0.00$275.67$0.00
Taxes / mo$179.92$179.92$179.92
Insurance / mo$150.00$150.00$150.00
MI / mo$138.08$138.08$64.80
HOA / mo$35.00$35.00$35.00
Total monthly$2,334.53$2,610.20$2,637.77
Cash to close$72,756$36,000$36,000