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$274,122$274,122$292,050
Remaining term (yrs)25.525.530.0
Secondary amount$0$34,153$0
Funding fee$0$0$0
Note rate4.750%4.750%7.240%
Blended rate5.600%6.295%7.480%
1st payment$1,544.27$1,544.27$1,990.32
2nd payment$0.00$337.97$0.00
Taxes / mo$210.67$210.67$210.67
Insurance / mo$150.00$150.00$150.00
MI / mo$209.69$209.69$58.41
HOA / mo$0.00$0.00$0.00
Total monthly$2,114.63$2,452.60$2,409.39
Cash to close$50,378$16,225$32,450