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	$234,962	$242,910
Remaining term (yrs)	28.7	30.0
Secondary amount	$0	$0
Funding fee	$0	$0
Note rate	6.860%	7.240%
Blended rate	7.410%	7.480%
1st payment	$1,561.73	$1,655.43
2nd payment	$0.00	$0.00
Taxes / mo	$118.58	$118.58
Insurance / mo	$150.00	$150.00
MI / mo	$109.13	$48.58
HOA / mo	$0.00	$0.00
Total monthly	$1,939.44	$1,972.59
Cash to close	$34,938	$26,990