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$233,286$233,286$269,910
Remaining term (yrs)21.121.130.0
Secondary amount$0$36,624$0
Funding fee$0$0$0
Note rate7.630%7.630%7.240%
Blended rate8.180%8.291%7.480%
1st payment$1,851.00$1,851.00$1,839.43
2nd payment$0.00$274.68$0.00
Taxes / mo$89.67$89.67$89.67
Insurance / mo$150.00$150.00$150.00
MI / mo$111.93$111.93$53.98
HOA / mo$0.00$0.00$0.00
Total monthly$2,202.59$2,477.27$2,133.08
Cash to close$66,614$29,990$29,990