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$508,441$508,441$531,000
Remaining term (yrs)27.627.630.0
Secondary amount$0$52,059$0
Funding fee$0$0$0
Note rate7.090%7.090%7.240%
Blended rate7.640%8.033%7.480%
1st payment$3,495.59$3,495.59$3,618.76
2nd payment$0.00$515.17$0.00
Taxes / mo$337.92$337.92$337.92
Insurance / mo$166.67$166.67$166.67
MI / mo$238.64$238.64$106.20
HOA / mo$85.00$85.00$85.00
Total monthly$4,323.82$4,838.99$4,314.54
Cash to close$81,559$29,500$59,000