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$119,480$119,480$269,910
Remaining term (yrs)19.919.930.0
Secondary amount$0$150,430$0
Funding fee$0$0$0
Note rate3.44%3.44%7.18%
Blended rate4.29%6.358%7.42%
1st payment$689.26$689.26$1,828.46
2nd payment$0.00$1,002.86$0.00
Taxes / mo$88.00$88.00$88.00
Insurance / mo$150.00$150.00$150.00
MI / mo$109.54$109.54$53.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,036.80$2,039.66$2,120.45
Cash to close$180,420$29,990$29,990