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$569,919$569,919$594,000
Remaining term (yrs)26.226.230.0
Secondary amount$0$57,081$0
Funding fee$0$0$0
Note rate6.580%6.580%7.240%
Blended rate7.430%7.835%7.480%
1st payment$3,804.61$3,804.61$4,048.10
2nd payment$0.00$564.86$0.00
Taxes / mo$258.00$258.00$258.00
Insurance / mo$166.67$166.67$166.67
MI / mo$422.84$422.84$118.80
HOA / mo$55.00$55.00$55.00
Total monthly$4,707.12$5,271.98$4,646.57
Cash to close$90,081$33,000$66,000