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$392,666$392,666$405,000
Remaining term (yrs)26.926.930.0
Secondary amount$0$34,834$0
Funding fee$0$0$0
Note rate7.180%7.180%7.240%
Blended rate7.730%8.068%7.480%
1st payment$2,747.06$2,747.06$2,760.07
2nd payment$0.00$344.71$0.00
Taxes / mo$219.83$219.83$219.83
Insurance / mo$150.00$150.00$150.00
MI / mo$185.86$185.86$81.00
HOA / mo$80.00$80.00$80.00
Total monthly$3,382.75$3,727.46$3,290.90
Cash to close$57,334$22,500$45,000