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$94,498$94,498$287,910
Remaining term (yrs)18.218.230.0
Secondary amount$0$193,412$0
Funding fee$0$0$0
Note rate3.990%3.990%7.240%
Blended rate4.840%6.963%7.480%
1st payment$608.19$608.19$1,962.10
2nd payment$0.00$1,289.41$0.00
Taxes / mo$144.92$144.92$144.92
Insurance / mo$150.00$150.00$150.00
MI / mo$90.35$90.35$57.58
HOA / mo$0.00$0.00$0.00
Total monthly$993.45$2,282.86$2,314.60
Cash to close$225,402$31,990$31,990