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
Current Market Conventional
New · Conventional
Loan amount$427,435$395,010
Remaining term (yrs)27.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.950%7.240%
Blended rate7.500%7.480%
1st payment$2,896.47$2,691.99
2nd payment$0.00$0.00
Taxes / mo$262.33$262.33
Insurance / mo$150.00$150.00
MI / mo$200.55$79.00
HOA / mo$42.00$42.00
Total monthly$3,551.35$3,225.32
Cash to close$11,465$43,890