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$191,768$191,768$324,000
Remaining term (yrs)24.624.630.0
Secondary amount$0$132,232$0
Funding fee$0$0$0
Note rate2.96%2.96%7.18%
Blended rate3.81%5.52%7.42%
1st payment$911.58$911.58$2,194.89
2nd payment$0.00$881.55$0.00
Taxes / mo$75.50$75.50$75.50
Insurance / mo$150.00$150.00$150.00
MI / mo$153.94$153.94$64.80
HOA / mo$0.00$0.00$0.00
Total monthly$1,291.02$2,172.57$2,485.19
Cash to close$168,232$36,000$36,000