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$88,498$88,498$323,100
Remaining term (yrs)0.30.330.0
Secondary amount$0$234,602$0
Funding fee$0$0$0
Note rate6.16%6.16%7.24%
Blended rate6.71%7.465%7.48%
1st payment$17,973.11$17,973.11$2,201.92
2nd payment$0.00$1,515.14$0.00
Taxes / mo$202.33$202.33$202.33
Insurance / mo$150.00$150.00$150.00
MI / mo$95.63$95.63$64.62
HOA / mo$279.00$279.00$279.00
Total monthly$18,700.07$20,215.21$2,897.87
Cash to close$270,502$35,900$35,900