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$405,091$405,091$422,100
Remaining term (yrs)29.029.030.0
Secondary amount$0$40,459$0
Funding fee$0$0$0
Note rate4.75%4.75%7.18%
Blended rate5.3%5.897%7.42%
1st payment$2,143.40$2,143.40$2,859.45
2nd payment$0.00$400.38$0.00
Taxes / mo$181.75$181.75$181.75
Insurance / mo$166.67$166.67$166.67
MI / mo$188.33$188.33$84.42
HOA / mo$152.00$152.00$152.00
Total monthly$2,832.14$3,232.52$3,444.29
Cash to close$63,909$23,450$46,900