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
Current Market Conventional
New · Conventional
Loan amount$521,437$450,000
Remaining term (yrs)28.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.960%7.240%
Blended rate7.510%7.480%
1st payment$3,513.26$3,066.74
2nd payment$0.00$0.00
Taxes / mo$270.00$270.00
Insurance / mo$166.67$166.67
MI / mo$243.01$90.00
HOA / mo$0.00$0.00
Total monthly$4,192.94$3,593.41
Cash to close$0$50,000