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$514,929$514,929$621,000
Remaining term (yrs)26.226.230.0
Secondary amount$0$106,071$0
Funding fee$0$0$0
Note rate6.42%6.42%7.18%
Blended rate7.27%7.395%7.42%
1st payment$3,381.21$3,381.21$4,206.87
2nd payment$0.00$707.14$0.00
Taxes / mo$176.17$176.17$176.17
Insurance / mo$166.67$166.67$166.67
MI / mo$382.09$382.09$124.20
HOA / mo$205.00$205.00$205.00
Total monthly$4,311.14$5,018.28$4,878.90
Cash to close$175,071$69,000$69,000