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$368,232$368,232$494,910
Remaining term (yrs)11.511.530.0
Secondary amount$0$126,678$0
Funding fee$0$0$0
Note rate5.000%5.000%7.240%
Blended rate5.550%6.177%7.480%
1st payment$3,495.31$3,495.31$3,372.80
2nd payment$0.00$844.52$0.00
Taxes / mo$270.83$270.83$270.83
Insurance / mo$166.67$166.67$166.67
MI / mo$202.58$202.58$98.98
HOA / mo$0.00$0.00$0.00
Total monthly$4,135.39$4,979.91$3,909.28
Cash to close$181,668$54,990$54,990