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$1,023,106$1,023,106$2,205,000
Remaining term (yrs)0.40.430.0
Secondary amount$0$1,181,894$0
Funding fee$0$0$0
Note rate6.010%6.010%7.240%
Blended rate6.560%7.198%7.480%
1st payment$173,519.19$173,519.19$15,027.03
2nd payment$0.00$7,633.06$0.00
Taxes / mo$177.25$177.25$177.25
Insurance / mo$216.67$216.67$216.67
MI / mo$924.00$924.00$441.00
HOA / mo$0.00$0.00$0.00
Total monthly$174,837.11$182,470.17$15,861.95
Cash to close$1,426,894$245,000$245,000