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$319,011$319,011$386,910
Remaining term (yrs)29.229.230.0
Secondary amount$0$67,899$0
Funding fee$0$0$0
Note rate6.18%6.18%7.18%
Blended rate6.73%7.128%7.42%
1st payment$1,965.10$1,965.10$2,621.06
2nd payment$0.00$509.24$0.00
Taxes / mo$164.42$164.42$164.42
Insurance / mo$150.00$150.00$150.00
MI / mo$147.37$147.37$77.38
HOA / mo$92.00$92.00$92.00
Total monthly$2,518.89$3,028.13$3,104.86
Cash to close$110,889$42,990$42,990