Elevate48
Call Ashlea

Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · FHA
Assumable Loan + Second
Assumable · FHA
Current Market Conventional
New · Conventional
Loan amount$80,704$80,704$342,000
Remaining term (yrs)16.816.830.0
Secondary amount$0$261,296$0
Funding fee$0$0$0
Note rate4.37%4.37%7.18%
Blended rate5.22%7.153%7.42%
1st payment$563.14$563.14$2,316.83
2nd payment$0.00$1,687.54$0.00
Taxes / mo$130.75$130.75$130.75
Insurance / mo$150.00$150.00$150.00
MI / mo$79.94$79.94$68.40
HOA / mo$90.00$90.00$90.00
Total monthly$1,013.83$2,701.37$2,755.98
Cash to close$299,296$38,000$38,000