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$416,178$416,178$432,900
Remaining term (yrs)26.426.430.0
Secondary amount$0$40,772$0
Funding fee$0$0$0
Note rate6.27%6.27%7.18%
Blended rate6.82%7.271%7.42%
1st payment$2,686.82$2,686.82$2,932.62
2nd payment$0.00$403.47$0.00
Taxes / mo$210.00$210.00$210.00
Insurance / mo$166.67$166.67$166.67
MI / mo$199.58$199.58$86.58
HOA / mo$84.00$84.00$84.00
Total monthly$3,347.07$3,750.54$3,479.86
Cash to close$64,822$24,050$48,100