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$144,116$144,116$506,700
Remaining term (yrs)0.20.230.0
Secondary amount$0$362,584$0
Funding fee$0$0$0
Note rate6.23%6.23%7.24%
Blended rate6.78%7.474%7.48%
1st payment$48,538.38$48,538.38$3,453.15
2nd payment$0.00$2,341.69$0.00
Taxes / mo$400.08$400.08$400.08
Insurance / mo$166.67$166.67$166.67
MI / mo$258.17$258.17$101.34
HOA / mo$0.00$0.00$0.00
Total monthly$49,363.29$51,704.98$4,121.24
Cash to close$418,884$56,300$56,300