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$342,270$342,270$351,000
Remaining term (yrs)27.227.230.0
Secondary amount$0$28,230$0
Funding fee$0$0$0
Note rate6.95%6.95%7.24%
Blended rate7.5%7.833%7.48%
1st payment$2,333.35$2,333.35$2,392.06
2nd payment$0.00$279.35$0.00
Taxes / mo$66.33$66.33$66.33
Insurance / mo$150.00$150.00$150.00
MI / mo$161.56$161.56$70.20
HOA / mo$0.00$0.00$0.00
Total monthly$2,711.24$2,990.60$2,678.59
Cash to close$47,730$19,500$39,000