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$395,496$395,496$400,500
Remaining term (yrs)27.527.530.0
Secondary amount$0$27,254$0
Funding fee$0$0$0
Note rate6.790%6.790%7.240%
Blended rate7.340%7.632%7.480%
1st payment$2,646.74$2,646.74$2,729.40
2nd payment$0.00$269.70$0.00
Taxes / mo$203.92$203.92$203.92
Insurance / mo$150.00$150.00$150.00
MI / mo$186.27$186.27$80.10
HOA / mo$65.00$65.00$65.00
Total monthly$3,251.93$3,521.63$3,228.42
Cash to close$49,504$22,250$44,500