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	$230,082	$234,000
Remaining term (yrs)	27.8	30.0
Secondary amount	$0	$0
Funding fee	$0	$0
Note rate	6.470%	7.240%
Blended rate	7.020%	7.480%
1st payment	$1,484.22	$1,594.71
2nd payment	$0.00	$0.00
Taxes / mo	$142.92	$142.92
Insurance / mo	$150.00	$150.00
MI / mo	$107.96	$46.80
HOA / mo	$0.00	$0.00
Total monthly	$1,885.10	$1,934.42
Cash to close	$29,918	$26,000