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$173,916$173,916$218,700
Remaining term (yrs)24.624.630.0
Secondary amount$0$44,784$0
Funding fee$0$0$0
Note rate3.04%3.04%7.18%
Blended rate3.89%4.936%7.42%
1st payment$833.94$833.94$1,481.55
2nd payment$0.00$335.88$0.00
Taxes / mo$55.42$55.42$55.42
Insurance / mo$150.00$150.00$150.00
MI / mo$139.40$139.40$43.74
HOA / mo$0.00$0.00$0.00
Total monthly$1,178.76$1,514.64$1,730.71
Cash to close$69,084$24,300$24,300