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	$160,068	$161,550
Remaining term (yrs)	26.6	30.0
Secondary amount	$0	$0
Funding fee	$0	$0
Note rate	6.39%	7.24%
Blended rate	6.94%	7.48%
1st payment	$1,043.00	$1,100.96
2nd payment	$0.00	$0.00
Taxes / mo	$102.33	$102.33
Insurance / mo	$150.00	$150.00
MI / mo	$76.51	$32.31
HOA / mo	$191.00	$191.00
Total monthly	$1,562.84	$1,576.60
Cash to close	$19,432	$17,950