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	$270,483	$278,910
Remaining term (yrs)	27.9	30.0
Secondary amount	$0	$0
Funding fee	$0	$0
Note rate	6.49%	7.24%
Blended rate	7.04%	7.48%
1st payment	$1,748.33	$1,900.77
2nd payment	$0.00	$0.00
Taxes / mo	$104.25	$104.25
Insurance / mo	$150.00	$150.00
MI / mo	$126.91	$55.78
HOA / mo	$0.00	$0.00
Total monthly	$2,129.48	$2,210.80
Cash to close	$39,417	$30,990