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$145,895$145,895$202,410
Remaining term (yrs)23.523.530.0
Secondary amount$0$56,515$0
Funding fee$0$0$0
Note rate6.630%6.630%7.240%
Blended rate7.180%7.688%7.480%
1st payment$1,020.72$1,020.72$1,379.42
2nd payment$0.00$423.86$0.00
Taxes / mo$57.25$57.25$57.25
Insurance / mo$150.00$150.00$150.00
MI / mo$68.46$68.46$40.48
HOA / mo$0.00$0.00$0.00
Total monthly$1,296.43$1,720.29$1,627.15
Cash to close$79,005$22,490$22,490