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$111,754$111,754$333,000
Remaining term (yrs)24.424.430.0
Secondary amount$0$221,246$0
Funding fee$0$0$0
Note rate2.81%2.81%7.18%
Blended rate3.66%6.377%7.42%
1st payment$526.28$526.28$2,255.86
2nd payment$0.00$1,428.88$0.00
Taxes / mo$105.58$105.58$105.58
Insurance / mo$150.00$150.00$150.00
MI / mo$90.61$90.61$66.60
HOA / mo$54.00$54.00$54.00
Total monthly$926.48$2,355.36$2,632.04
Cash to close$258,246$37,000$37,000