Coya Beaston | Dan Frey Home Loans

Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Payment stack including taxes, insurance, and HOA

Down payment / equity bring-to

Detail	Assumable Loan Assumable · FHA	Current Market Conventional New · Conventional
Loan amount	$491,000	$477,000
Remaining term (yrs)	25.5	30.0
Secondary amount	$0	$0
Funding fee	$0	$0
Note rate	3.760%	7.240%
Blended rate	4.610%	7.480%
1st payment	$2,487.55	$3,250.75
2nd payment	$0.00	$0.00
Taxes / mo	$441.67	$441.67
Insurance / mo	$166.67	$166.67
MI / mo	$380.00	$95.40
HOA / mo	$179.00	$179.00
Total monthly	$3,654.89	$4,133.48
Cash to close	$39,000	$53,000