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$714,771$714,771$719,100
Remaining term (yrs)27.327.330.0
Secondary amount$0$44,279$0
Funding fee$0$0$0
Note rate6.690%6.690%7.240%
Blended rate7.240%7.510%7.480%
1st payment$4,747.04$4,747.04$4,900.65
2nd payment$0.00$438.17$0.00
Taxes / mo$439.50$439.50$439.50
Insurance / mo$216.67$216.67$216.67
MI / mo$337.52$337.52$143.82
HOA / mo$0.00$0.00$0.00
Total monthly$5,740.73$6,178.90$5,700.64
Cash to close$84,229$39,950$79,900