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$211,794$211,794$314,910
Remaining term (yrs)23.523.530.0
Secondary amount$0$103,116$0
Funding fee$0$0$0
Note rate3.6%3.6%7.18%
Blended rate4.45%5.612%7.42%
1st payment$1,111.56$1,111.56$2,133.31
2nd payment$0.00$687.44$0.00
Taxes / mo$219.58$219.58$219.58
Insurance / mo$150.00$150.00$150.00
MI / mo$173.18$173.18$62.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,654.32$2,341.76$2,565.88
Cash to close$138,106$34,990$34,990