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$567,716$567,716$574,200
Remaining term (yrs)28.428.430.0
Secondary amount$0$38,384$0
Funding fee$0$0$0
Note rate6.85%6.85%7.24%
Blended rate7.4%7.683%7.48%
1st payment$3,780.33$3,780.33$3,913.16
2nd payment$0.00$379.84$0.00
Taxes / mo$130.92$130.92$130.92
Insurance / mo$166.67$166.67$166.67
MI / mo$264.42$264.42$114.84
HOA / mo$0.00$0.00$0.00
Total monthly$4,342.34$4,722.18$4,325.59
Cash to close$70,284$31,900$63,800