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	$226,623	$233,910
Remaining term (yrs)	27.8	30.0
Secondary amount	$0	$0
Funding fee	$0	$0
Note rate	6.73%	7.24%
Blended rate	7.28%	7.48%
1st payment	$1,501.59	$1,594.09
2nd payment	$0.00	$0.00
Taxes / mo	$80.25	$80.25
Insurance / mo	$150.00	$150.00
MI / mo	$106.33	$46.78
HOA / mo	$35.00	$35.00
Total monthly	$1,873.16	$1,906.12
Cash to close	$33,277	$25,990