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$226,080$226,080$296,999
Remaining term (yrs)25.125.130.0
Secondary amount$0$70,919$0
Funding fee$0$0$0
Note rate3.07%3.07%7.18%
Blended rate3.92%5.133%7.42%
1st payment$1,075.59$1,075.59$2,011.98
2nd payment$0.00$531.90$0.00
Taxes / mo$117.25$117.25$117.25
Insurance / mo$150.00$150.00$150.00
MI / mo$179.10$179.10$59.40
HOA / mo$0.00$0.00$0.00
Total monthly$1,521.94$2,053.83$2,338.63
Cash to close$103,919$33,000$33,000