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$275,525$275,525$310,500
Remaining term (yrs)25.125.130.0
Secondary amount$0$34,975$0
Funding fee$0$0$0
Note rate2.86%2.86%7.18%
Blended rate3.71%4.306%7.42%
1st payment$1,280.76$1,280.76$2,103.44
2nd payment$0.00$262.32$0.00
Taxes / mo$67.25$67.25$67.25
Insurance / mo$150.00$150.00$150.00
MI / mo$219.08$219.08$62.10
HOA / mo$0.00$0.00$0.00
Total monthly$1,717.09$1,979.41$2,382.79
Cash to close$69,475$34,500$34,500