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$328,242$328,242$339,750
Remaining term (yrs)26.826.830.0
Secondary amount$0$30,383$0
Funding fee$0$0$0
Note rate6.960%6.960%7.240%
Blended rate7.510%7.880%7.480%
1st payment$2,251.52$2,251.52$2,315.39
2nd payment$0.00$300.66$0.00
Taxes / mo$199.50$199.50$199.50
Insurance / mo$150.00$150.00$150.00
MI / mo$155.74$155.74$67.95
HOA / mo$115.00$115.00$115.00
Total monthly$2,871.75$3,172.42$2,847.84
Cash to close$49,258$18,875$37,750