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$375,238$375,238$404,991
Remaining term (yrs)25.525.530.0
Secondary amount$0$29,753$0
Funding fee$0$0$0
Note rate4.42%4.42%7.18%
Blended rate5.27%5.544%7.42%
1st payment$2,042.91$2,042.91$2,743.55
2nd payment$0.00$223.15$0.00
Taxes / mo$131.50$131.50$131.50
Insurance / mo$150.00$150.00$150.00
MI / mo$288.29$288.29$81.00
HOA / mo$93.00$93.00$93.00
Total monthly$2,705.70$2,928.85$3,199.05
Cash to close$74,752$44,999$44,999