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$46,170$46,170$398,250
Remaining term (yrs)25.625.630.0
Secondary amount$0$352,080$0
Funding fee$0$0$0
Note rate6.86%6.86%7.18%
Blended rate7.41%7.711%7.42%
1st payment$318.69$318.69$2,697.88
2nd payment$0.00$2,273.85$0.00
Taxes / mo$157.58$157.58$157.58
Insurance / mo$150.00$150.00$150.00
MI / mo$21.52$21.52$79.65
HOA / mo$146.00$146.00$146.00
Total monthly$793.79$3,067.64$3,231.12
Cash to close$396,330$44,250$44,250