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$74,460$74,460$304,200
Remaining term (yrs)14.414.430.0
Secondary amount$0$229,740$0
Funding fee$0$0$0
Note rate4.95%4.95%7.18%
Blended rate5.8%7.273%7.42%
1st payment$600.57$600.57$2,060.76
2nd payment$0.00$1,483.74$0.00
Taxes / mo$96.67$96.67$96.67
Insurance / mo$150.00$150.00$150.00
MI / mo$79.70$79.70$60.84
HOA / mo$0.00$0.00$0.00
Total monthly$926.93$2,410.67$2,368.26
Cash to close$263,540$33,800$33,800