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	$188,136	$197,550
Remaining term (yrs)	26.5	30.0
Secondary amount	$0	$0
Funding fee	$0	$0
Note rate	6.420%	7.240%
Blended rate	6.970%	7.480%
1st payment	$1,230.92	$1,346.30
2nd payment	$0.00	$0.00
Taxes / mo	$46.00	$46.00
Insurance / mo	$150.00	$150.00
MI / mo	$90.01	$39.51
HOA / mo	$0.00	$0.00
Total monthly	$1,516.93	$1,581.81
Cash to close	$31,364	$21,950