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$268,897$268,897$395,100
Remaining term (yrs)22.622.630.0
Secondary amount$0$126,203$0
Funding fee$0$0$0
Note rate4.14%4.14%7.18%
Blended rate4.99%5.951%7.42%
1st payment$1,525.53$1,525.53$2,676.55
2nd payment$0.00$841.35$0.00
Taxes / mo$183.25$183.25$183.25
Insurance / mo$150.00$150.00$150.00
MI / mo$222.56$222.56$79.02
HOA / mo$87.00$87.00$87.00
Total monthly$2,168.34$3,009.69$3,175.82
Cash to close$170,103$43,900$43,900