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	$202,218	$198,000
Remaining term (yrs)	29.1	30.0
Secondary amount	$0	$0
Funding fee	$0	$0
Note rate	6.17%	7.24%
Blended rate	6.72%	7.48%
1st payment	$1,246.88	$1,349.37
2nd payment	$0.00	$0.00
Taxes / mo	$91.50	$91.50
Insurance / mo	$150.00	$150.00
MI / mo	$93.61	$39.60
HOA / mo	$375.00	$375.00
Total monthly	$1,956.99	$2,005.47
Cash to close	$17,782	$22,000