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$357,531$357,531$369,000
Remaining term (yrs)27.727.730.0
Secondary amount$0$31,969$0
Funding fee$0$0$0
Note rate6.99%6.99%7.24%
Blended rate7.54%7.896%7.48%
1st payment$2,434.54$2,434.54$2,514.73
2nd payment$0.00$316.36$0.00
Taxes / mo$175.83$175.83$175.83
Insurance / mo$150.00$150.00$150.00
MI / mo$167.89$167.89$73.80
HOA / mo$0.00$0.00$0.00
Total monthly$2,928.26$3,244.62$2,914.36
Cash to close$52,469$20,500$41,000