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$183,686$183,686$297,000
Remaining term (yrs)24.824.830.0
Secondary amount$0$113,314$0
Funding fee$0$0$0
Note rate3.5%3.5%7.18%
Blended rate4.35%5.743%7.42%
1st payment$921.50$921.50$2,011.98
2nd payment$0.00$755.42$0.00
Taxes / mo$153.67$153.67$153.67
Insurance / mo$150.00$150.00$150.00
MI / mo$145.36$145.36$59.40
HOA / mo$0.00$0.00$0.00
Total monthly$1,370.53$2,125.95$2,375.05
Cash to close$146,314$33,000$33,000