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$405,804$405,804$413,910
Remaining term (yrs)26.926.930.0
Secondary amount$0$31,101$0
Funding fee$0$0$0
Note rate7.09%7.09%7.24%
Blended rate7.64%7.941%7.48%
1st payment$2,815.03$2,815.03$2,820.79
2nd payment$0.00$307.77$0.00
Taxes / mo$254.83$254.83$254.83
Insurance / mo$166.67$166.67$166.67
MI / mo$192.18$192.18$82.78
HOA / mo$68.00$68.00$68.00
Total monthly$3,496.71$3,804.48$3,393.07
Cash to close$54,096$22,995$45,990