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$91,641$91,641$242,100
Remaining term (yrs)23.923.930.0
Secondary amount$0$150,459$0
Funding fee$0$0$0
Note rate2.96%2.96%7.18%
Blended rate3.81%6.414%7.42%
1st payment$444.87$444.87$1,640.07
2nd payment$0.00$1,003.06$0.00
Taxes / mo$47.83$47.83$47.83
Insurance / mo$150.00$150.00$150.00
MI / mo$75.13$75.13$48.42
HOA / mo$0.00$0.00$0.00
Total monthly$717.83$1,720.89$1,886.32
Cash to close$177,359$26,900$26,900