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$597,081$597,081$598,500
Remaining term (yrs)27.527.530.0
Secondary amount$0$34,669$0
Funding fee$0$0$0
Note rate6.780%6.780%7.240%
Blended rate7.330%7.579%7.480%
1st payment$3,991.91$3,991.91$4,078.77
2nd payment$0.00$343.08$0.00
Taxes / mo$364.42$364.42$364.42
Insurance / mo$166.67$166.67$166.67
MI / mo$281.22$281.22$119.70
HOA / mo$0.00$0.00$0.00
Total monthly$4,804.22$5,147.29$4,729.55
Cash to close$67,919$33,250$66,500