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$314,111$314,111$368,910
Remaining term (yrs)25.125.130.0
Secondary amount$0$54,799$0
Funding fee$0$0$0
Note rate3.07%3.07%7.18%
Blended rate3.92%4.675%7.42%
1st payment$1,491.13$1,491.13$2,499.12
2nd payment$0.00$411.00$0.00
Taxes / mo$170.25$170.25$170.25
Insurance / mo$150.00$150.00$150.00
MI / mo$248.29$248.29$73.78
HOA / mo$74.67$74.67$74.67
Total monthly$2,134.34$2,545.34$2,967.83
Cash to close$95,789$40,990$40,990