Coya Beaston | Dan Frey Home Loans

Coya Beaston

Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail	Assumable Loan Assumable · FHA	Assumable Loan + Second Assumable · FHA	Current Market Conventional New · Conventional
Loan amount	$231,575	$231,575	$292,500
Remaining term (yrs)	28.5	28.5	30.0
Secondary amount	$0	$60,925	$0
Funding fee	$0	$0	$0
Note rate	6.65%	6.65%	7.24%
Blended rate	7.2%	7.575%	7.48%
1st payment	$1,510.20	$1,510.20	$1,993.38
2nd payment	$0.00	$456.94	$0.00
Taxes / mo	$176.67	$176.67	$176.67
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$107.82	$107.82	$58.50
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,944.68	$2,401.62	$2,378.55
Cash to close	$93,425	$32,500	$32,500