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	$253,701	$258,300
Remaining term (yrs)	26.3	30.0
Secondary amount	$0	$0
Funding fee	$0	$0
Note rate	6.130%	7.240%
Blended rate	6.680%	7.480%
1st payment	$1,617.66	$1,760.31
2nd payment	$0.00	$0.00
Taxes / mo	$175.08	$175.08
Insurance / mo	$150.00	$150.00
MI / mo	$121.96	$51.66
HOA / mo	$0.00	$0.00
Total monthly	$2,064.70	$2,137.05
Cash to close	$33,299	$28,700