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$275,339$275,339$288,900
Remaining term (yrs)27.627.630.0
Secondary amount$0$29,611$0
Funding fee$0$0$0
Note rate7.220%7.220%7.240%
Blended rate7.770%8.169%7.480%
1st payment$1,916.65$1,916.65$1,968.85
2nd payment$0.00$293.03$0.00
Taxes / mo$7.33$7.33$7.33
Insurance / mo$150.00$150.00$150.00
MI / mo$129.16$129.16$57.78
HOA / mo$0.00$0.00$0.00
Total monthly$2,203.14$2,496.17$2,183.96
Cash to close$45,661$16,050$32,100