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	$514,802	$514,802	$675,000
Remaining term (yrs)	26.5	26.5	30.0
Secondary amount	$0	$160,198	$0
Funding fee	$0	$0	$0
Note rate	6.5%	6.5%	7.24%
Blended rate	7.05%	7.275%	7.48%
1st payment	$3,394.35	$3,394.35	$4,600.11
2nd payment	$0.00	$1,067.99	$0.00
Taxes / mo	$196.67	$196.67	$196.67
Insurance / mo	$216.67	$216.67	$216.67
MI / mo	$246.14	$246.14	$135.00
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$4,053.82	$5,121.81	$5,148.45
Cash to close	$235,198	$75,000	$75,000