Coya Beaston

(615) 969-3457
Dan Frey Home Loans
Call Coya

Comparison

Side-by-side payments and cash to close

Lowest monthly: Current Market Conventional

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$281,330$281,330$292,500
Remaining term (yrs)27.627.630.0
Secondary amount$0$27,420$0
Funding fee$0$0$0
Note rate7.030%7.030%7.240%
Blended rate7.580%7.961%7.480%
1st payment$1,923.06$1,923.06$1,993.38
2nd payment$0.00$271.35$0.00
Taxes / mo$547.92$547.92$547.92
Insurance / mo$150.00$150.00$150.00
MI / mo$132.08$132.08$58.50
HOA / mo$0.00$0.00$0.00
Total monthly$2,753.06$3,024.40$2,749.80
Cash to close$43,670$16,250$32,500