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$172,976$172,976$291,600
Remaining term (yrs)24.624.630.0
Secondary amount$0$118,624$0
Funding fee$0$0$0
Note rate2.96%2.96%7.18%
Blended rate3.81%5.515%7.42%
1st payment$822.25$822.25$1,975.40
2nd payment$0.00$790.83$0.00
Taxes / mo$200.83$200.83$200.83
Insurance / mo$150.00$150.00$150.00
MI / mo$138.86$138.86$58.32
HOA / mo$133.00$133.00$133.00
Total monthly$1,444.94$2,235.77$2,517.55
Cash to close$151,024$32,400$32,400