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$237,950$237,950$252,000
Remaining term (yrs)27.027.030.0
Secondary amount$0$28,050$0
Funding fee$0$0$0
Note rate7.19%7.19%7.24%
Blended rate7.74%8.176%7.48%
1st payment$1,664.57$1,664.57$1,717.38
2nd payment$0.00$277.58$0.00
Taxes / mo$139.50$139.50$139.50
Insurance / mo$150.00$150.00$150.00
MI / mo$112.51$112.51$50.40
HOA / mo$270.00$270.00$270.00
Total monthly$2,336.57$2,614.15$2,327.28
Cash to close$42,050$14,000$28,000