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$286,862$286,862$296,100
Remaining term (yrs)27.627.630.0
Secondary amount$0$25,688$0
Funding fee$0$0$0
Note rate6.86%6.86%7.18%
Blended rate7.41%7.777%7.42%
1st payment$1,928.91$1,928.91$2,005.88
2nd payment$0.00$254.20$0.00
Taxes / mo$77.08$77.08$77.08
Insurance / mo$150.00$150.00$150.00
MI / mo$134.78$134.78$59.22
HOA / mo$0.00$0.00$0.00
Total monthly$2,290.78$2,544.98$2,292.19
Cash to close$42,138$16,450$32,900