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$141,457$141,457$306,000
Remaining term (yrs)0.50.530.0
Secondary amount$0$164,543$0
Funding fee$0$0$0
Note rate6.460%6.460%7.240%
Blended rate7.010%7.542%7.480%
1st payment$20,645.64$20,645.64$2,085.38
2nd payment$0.00$1,096.95$0.00
Taxes / mo$92.83$92.83$92.83
Insurance / mo$150.00$150.00$150.00
MI / mo$109.68$109.68$61.20
HOA / mo$0.00$0.00$0.00
Total monthly$20,998.15$22,095.10$2,389.42
Cash to close$198,543$34,000$34,000