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$328,509$328,509$346,500
Remaining term (yrs)25.125.130.0
Secondary amount$0$37,241$0
Funding fee$0$0$0
Note rate3.11%3.11%7.18%
Blended rate3.96%4.766%7.42%
1st payment$1,566.37$1,566.37$2,347.31
2nd payment$0.00$368.53$0.00
Taxes / mo$181.83$181.83$181.83
Insurance / mo$150.00$150.00$150.00
MI / mo$259.50$259.50$69.30
HOA / mo$95.00$95.00$95.00
Total monthly$2,252.70$2,621.23$2,843.45
Cash to close$56,491$19,250$38,500