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	$233,863	$242,910
Remaining term (yrs)	27.4	30.0
Secondary amount	$0	$0
Funding fee	$0	$0
Note rate	6.79%	7.24%
Blended rate	7.34%	7.48%
1st payment	$1,566.68	$1,655.43
2nd payment	$0.00	$0.00
Taxes / mo	$62.58	$62.58
Insurance / mo	$150.00	$150.00
MI / mo	$110.26	$48.58
HOA / mo	$0.00	$0.00
Total monthly	$1,889.52	$1,916.59
Cash to close	$36,037	$26,990