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$140,339$140,339$352,800
Remaining term (yrs)28.428.430.0
Secondary amount$0$212,461$0
Funding fee$0$0$0
Note rate6.65%6.65%7.18%
Blended rate7.2%7.531%7.42%
1st payment$916.11$916.11$2,389.99
2nd payment$0.00$1,372.14$0.00
Taxes / mo$194.58$194.58$194.58
Insurance / mo$150.00$150.00$150.00
MI / mo$65.41$65.41$70.56
HOA / mo$0.00$0.00$0.00
Total monthly$1,326.10$2,698.24$2,805.13
Cash to close$251,661$39,200$39,200