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$48,554$48,554$440,546
Remaining term (yrs)16.616.630.0
Secondary amount$0$391,991$0
Funding fee$0$0$0
Note rate3.56%3.56%7.18%
Blended rate4.41%7.382%7.42%
1st payment$322.22$322.22$2,984.41
2nd payment$0.00$2,531.61$0.00
Taxes / mo$109.17$109.17$109.17
Insurance / mo$166.67$166.67$166.67
MI / mo$50.45$50.45$88.11
HOA / mo$0.00$0.00$0.00
Total monthly$648.51$3,180.12$3,348.35
Cash to close$440,941$48,950$48,950