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$155,839$155,839$179,100
Remaining term (yrs)17.417.430.0
Secondary amount$0$33,211$0
Funding fee$0$0$0
Note rate6.940%6.940%7.240%
Blended rate7.490%8.260%7.480%
1st payment$1,280.55$1,280.55$1,220.56
2nd payment$0.00$328.65$0.00
Taxes / mo$51.50$51.50$51.50
Insurance / mo$150.00$150.00$150.00
MI / mo$76.05$76.05$35.82
HOA / mo$0.00$0.00$0.00
Total monthly$1,558.10$1,886.76$1,457.88
Cash to close$43,161$9,950$19,900