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$60,972$60,972$269,910
Remaining term (yrs)0.40.430.0
Secondary amount$0$208,938$0
Funding fee$0$0$0
Note rate6.500%6.500%7.240%
Blended rate7.050%7.592%7.480%
1st payment$10,355.57$10,355.57$1,839.43
2nd payment$0.00$1,349.39$0.00
Taxes / mo$31.17$31.17$31.17
Insurance / mo$150.00$150.00$150.00
MI / mo$55.00$55.00$53.98
HOA / mo$0.00$0.00$0.00
Total monthly$10,591.74$11,941.13$2,074.58
Cash to close$238,928$29,990$29,990