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$81,134$81,134$343,890
Remaining term (yrs)2.62.630.0
Secondary amount$0$262,756$0
Funding fee$0$0$0
Note rate4.22%4.22%7.24%
Blended rate5.07%7.118%7.48%
1st payment$2,685.21$2,685.21$2,343.60
2nd payment$0.00$1,696.97$0.00
Taxes / mo$119.08$119.08$119.08
Insurance / mo$150.00$150.00$150.00
MI / mo$138.13$138.13$68.78
HOA / mo$0.00$0.00$0.00
Total monthly$3,092.42$4,789.39$2,681.47
Cash to close$300,966$38,210$38,210