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$85,092$85,092$350,910
Remaining term (yrs)0.20.230.0
Secondary amount$0$265,818$0
Funding fee$0$0$0
Note rate6.5%6.5%7.24%
Blended rate7.05%7.58%7.48%
1st payment$28,671.98$28,671.98$2,391.45
2nd payment$0.00$1,716.74$0.00
Taxes / mo$251.42$251.42$251.42
Insurance / mo$150.00$150.00$150.00
MI / mo$152.28$152.28$70.18
HOA / mo$195.00$195.00$195.00
Total monthly$29,420.68$31,137.42$3,058.04
Cash to close$304,808$38,990$38,990