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 · VA	Current Market Conventional New · Conventional
Loan amount	$251,311	$247,500
Remaining term (yrs)	26.5	30.0
Secondary amount	$0	$0
Funding fee	$1,257	$0
Note rate	6.32%	7.24%
Blended rate	6.32%	7.48%
1st payment	$1,628.38	$1,686.71
2nd payment	$0.00	$0.00
Taxes / mo	$141.58	$141.58
Insurance / mo	$150.00	$150.00
MI / mo	$0.00	$49.50
HOA / mo	$0.00	$0.00
Total monthly	$1,919.97	$2,027.79
Cash to close	$23,689	$27,500