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	$274,946	$283,409
Remaining term (yrs)	29.6	30.0
Secondary amount	$0	$0
Funding fee	$0	$0
Note rate	6.190%	7.240%
Blended rate	6.740%	7.480%
1st payment	$1,688.71	$1,931.43
2nd payment	$0.00	$0.00
Taxes / mo	$156.50	$156.50
Insurance / mo	$150.00	$150.00
MI / mo	$126.51	$56.68
HOA / mo	$0.00	$0.00
Total monthly	$2,121.72	$2,294.61
Cash to close	$39,953	$31,490