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$200,557$200,557$213,750
Remaining term (yrs)27.127.130.0
Secondary amount$0$25,068$0
Funding fee$0$0$0
Note rate7.630%7.630%7.240%
Blended rate8.180%8.591%7.480%
1st payment$1,460.15$1,460.15$1,456.70
2nd payment$0.00$248.07$0.00
Taxes / mo$85.50$85.50$85.50
Insurance / mo$150.00$150.00$150.00
MI / mo$94.51$94.51$42.75
HOA / mo$0.00$0.00$0.00
Total monthly$1,790.16$2,038.22$1,734.95
Cash to close$36,943$11,875$23,750