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$484,909$484,909$580,500
Remaining term (yrs)27.127.130.0
Secondary amount$0$95,591$0
Funding fee$0$0$0
Note rate7.44%7.44%7.18%
Blended rate7.99%8.407%7.42%
1st payment$3,465.65$3,465.65$3,932.51
2nd payment$0.00$716.93$0.00
Taxes / mo$241.67$241.67$241.67
Insurance / mo$166.67$166.67$166.67
MI / mo$353.16$353.16$116.10
HOA / mo$60.00$60.00$60.00
Total monthly$4,287.14$5,004.07$4,516.94
Cash to close$160,091$64,500$64,500