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	$284,500	$292,410
Remaining term (yrs)	28.2	30.0
Secondary amount	$0	$0
Funding fee	$0	$0
Note rate	6.81%	7.24%
Blended rate	7.36%	7.48%
1st payment	$1,892.43	$1,992.77
2nd payment	$0.00	$0.00
Taxes / mo	$111.92	$111.92
Insurance / mo	$150.00	$150.00
MI / mo	$132.91	$58.48
HOA / mo	$0.00	$0.00
Total monthly	$2,287.26	$2,313.17
Cash to close	$40,400	$32,490