Elevate48
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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$201,138$201,138$413,799
Remaining term (yrs)20.920.930.0
Secondary amount$0$212,661$0
Funding fee$0$0$0
Note rate3.88%3.88%7.18%
Blended rate4.73%6.282%7.42%
1st payment$1,168.24$1,168.24$2,803.22
2nd payment$0.00$1,373.44$0.00
Taxes / mo$180.50$180.50$180.50
Insurance / mo$166.67$166.67$166.67
MI / mo$175.87$175.87$82.76
HOA / mo$66.67$66.67$66.67
Total monthly$1,757.94$3,131.38$3,299.82
Cash to close$258,639$45,978$45,978