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$291,796$291,796$355,491
Remaining term (yrs)25.225.230.0
Secondary amount$0$63,695$0
Funding fee$0$0$0
Note rate2.98%2.98%7.18%
Blended rate3.83%4.756%7.42%
1st payment$1,368.46$1,368.46$2,408.22
2nd payment$0.00$477.71$0.00
Taxes / mo$259.75$259.75$259.75
Insurance / mo$150.00$150.00$150.00
MI / mo$230.50$230.50$71.10
HOA / mo$125.00$125.00$125.00
Total monthly$2,133.72$2,611.43$3,014.07
Cash to close$103,194$39,499$39,499