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$402,018$402,018$409,500
Remaining term (yrs)26.726.730.0
Secondary amount$0$30,232$0
Funding fee$0$0$0
Note rate6.71%6.71%7.24%
Blended rate7.26%7.583%7.48%
1st payment$2,695.53$2,695.53$2,790.73
2nd payment$0.00$299.17$0.00
Taxes / mo$183.67$183.67$183.67
Insurance / mo$166.67$166.67$166.67
MI / mo$191.26$191.26$81.90
HOA / mo$0.00$0.00$0.00
Total monthly$3,237.12$3,536.30$3,222.97
Cash to close$52,982$22,750$45,500