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$98,387$98,387$269,100
Remaining term (yrs)19.119.130.0
Secondary amount$0$170,713$0
Funding fee$0$0$0
Note rate3.96%3.96%7.18%
Blended rate4.81%6.834%7.42%
1st payment$611.12$611.12$1,822.98
2nd payment$0.00$1,138.09$0.00
Taxes / mo$80.00$80.00$80.00
Insurance / mo$150.00$150.00$150.00
MI / mo$91.11$91.11$53.82
HOA / mo$138.00$138.00$138.00
Total monthly$1,070.23$2,208.32$2,244.80
Cash to close$200,613$29,900$29,900