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$429,159$429,159$431,999
Remaining term (yrs)27.327.330.0
Secondary amount$0$26,841$0
Funding fee$0$0$0
Note rate6.820%6.820%7.240%
Blended rate7.370%7.635%7.480%
1st payment$2,886.35$2,886.35$2,944.07
2nd payment$0.00$265.61$0.00
Taxes / mo$241.58$241.58$241.58
Insurance / mo$166.67$166.67$166.67
MI / mo$202.51$202.51$86.40
HOA / mo$65.00$65.00$65.00
Total monthly$3,562.11$3,827.72$3,503.72
Cash to close$50,840$24,000$48,000