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$350,422$350,422$359,910
Remaining term (yrs)27.827.830.0
Secondary amount$0$29,483$0
Funding fee$0$0$0
Note rate6.950%6.950%7.240%
Blended rate7.500%7.840%7.480%
1st payment$2,372.28$2,372.28$2,452.78
2nd payment$0.00$291.76$0.00
Taxes / mo$176.17$176.17$176.17
Insurance / mo$150.00$150.00$150.00
MI / mo$164.26$164.26$71.98
HOA / mo$45.00$45.00$45.00
Total monthly$2,907.70$3,199.46$2,895.93
Cash to close$49,478$19,995$39,990