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$729,644$729,644$1,078,200
Remaining term (yrs)29.129.130.0
Secondary amount$0$348,556$0
Funding fee$0$0$0
Note rate4.99%4.99%7.24%
Blended rate5.54%6.254%7.48%
1st payment$3,961.01$3,961.01$7,347.91
2nd payment$0.00$2,251.09$0.00
Taxes / mo$194.08$194.08$194.08
Insurance / mo$216.67$216.67$216.67
MI / mo$338.57$338.57$215.64
HOA / mo$0.00$0.00$0.00
Total monthly$4,710.34$6,961.43$7,974.30
Cash to close$468,356$119,800$119,800