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$329,350$329,350$350,936
Remaining term (yrs)27.327.330.0
Secondary amount$0$41,083$0
Funding fee$0$0$0
Note rate7.25%7.25%7.24%
Blended rate7.8%8.252%7.48%
1st payment$2,307.93$2,307.93$2,391.62
2nd payment$0.00$406.55$0.00
Taxes / mo$112.08$112.08$112.08
Insurance / mo$150.00$150.00$150.00
MI / mo$155.06$155.06$70.19
HOA / mo$0.00$0.00$0.00
Total monthly$2,725.07$3,131.62$2,723.89
Cash to close$60,579$19,496$38,993