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$255,510$255,510$267,750
Remaining term (yrs)26.226.230.0
Secondary amount$0$27,115$0
Funding fee$0$0$0
Note rate6.610%6.610%7.240%
Blended rate7.460%7.884%7.480%
1st payment$1,710.58$1,710.58$1,824.71
2nd payment$0.00$268.33$0.00
Taxes / mo$98.08$98.08$98.08
Insurance / mo$150.00$150.00$150.00
MI / mo$189.52$189.52$53.55
HOA / mo$166.00$166.00$166.00
Total monthly$2,314.19$2,582.52$2,292.34
Cash to close$41,990$14,875$29,750