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	$229,720	$238,500
Remaining term (yrs)	25.7	30.0
Secondary amount	$0	$0
Funding fee	$0	$0
Note rate	5.230%	7.240%
Blended rate	6.080%	7.480%
1st payment	$1,352.46	$1,625.37
2nd payment	$0.00	$0.00
Taxes / mo	$135.50	$135.50
Insurance / mo	$150.00	$150.00
MI / mo	$173.88	$47.70
HOA / mo	$0.00	$0.00
Total monthly	$1,811.84	$1,958.57
Cash to close	$35,280	$26,500