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$389,578$389,578$395,100
Remaining term (yrs)27.627.630.0
Secondary amount$0$27,472$0
Funding fee$0$0$0
Note rate7.090%7.090%7.240%
Blended rate7.640%7.919%7.480%
1st payment$2,680.99$2,680.99$2,692.60
2nd payment$0.00$271.86$0.00
Taxes / mo$169.92$169.92$169.92
Insurance / mo$150.00$150.00$150.00
MI / mo$183.03$183.03$79.02
HOA / mo$50.00$50.00$50.00
Total monthly$3,233.93$3,505.79$3,141.54
Cash to close$49,422$21,950$43,900