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$310,437$310,437$359,910
Remaining term (yrs)26.626.630.0
Secondary amount$0$49,473$0
Funding fee$0$0$0
Note rate6.27%6.27%7.18%
Blended rate6.82%7.12%7.42%
1st payment$1,999.28$1,999.28$2,438.16
2nd payment$0.00$371.05$0.00
Taxes / mo$75.42$75.42$75.42
Insurance / mo$150.00$150.00$150.00
MI / mo$148.51$148.51$71.98
HOA / mo$0.00$0.00$0.00
Total monthly$2,373.20$2,744.25$2,735.55
Cash to close$89,463$39,990$39,990