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 · VA	Current Market Conventional New · Conventional
Loan amount	$284,232	$282,600
Remaining term (yrs)	25.2	30.0
Secondary amount	$0	$0
Funding fee	$1,421	$0
Note rate	3.1%	7.24%
Blended rate	3.1%	7.48%
1st payment	$1,353.76	$1,925.91
2nd payment	$0.00	$0.00
Taxes / mo	$170.17	$170.17
Insurance / mo	$150.00	$150.00
MI / mo	$0.00	$56.52
HOA / mo	$26.67	$26.67
Total monthly	$1,700.59	$2,329.27
Cash to close	$29,768	$31,400