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$42,272$42,272$196,200
Remaining term (yrs)13.213.230.0
Secondary amount$0$153,928$0
Funding fee$0$0$0
Note rate4.94%4.94%7.18%
Blended rate5.79%7.524%7.42%
1st payment$361.22$361.22$1,329.13
2nd payment$0.00$1,026.19$0.00
Taxes / mo$57.67$57.67$57.67
Insurance / mo$150.00$150.00$150.00
MI / mo$47.99$47.99$39.24
HOA / mo$380.00$380.00$380.00
Total monthly$996.87$2,023.06$1,956.03
Cash to close$175,728$21,800$21,800