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$279,345$279,345$296,910
Remaining term (yrs)22.722.730.0
Secondary amount$0$34,060$0
Funding fee$0$0$0
Note rate6.860%6.860%7.240%
Blended rate7.410%7.895%7.480%
1st payment$2,020.75$2,020.75$2,023.44
2nd payment$0.00$337.05$0.00
Taxes / mo$93.00$93.00$93.00
Insurance / mo$150.00$150.00$150.00
MI / mo$132.71$132.71$59.38
HOA / mo$0.00$0.00$0.00
Total monthly$2,396.46$2,733.51$2,325.82
Cash to close$50,555$16,495$32,990