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$91,599$91,599$348,300
Remaining term (yrs)17.417.430.0
Secondary amount$0$256,701$0
Funding fee$0$0$0
Note rate4.28%4.28%7.18%
Blended rate5.13%7.061%7.42%
1st payment$620.48$620.48$2,359.51
2nd payment$0.00$1,657.86$0.00
Taxes / mo$111.08$111.08$111.08
Insurance / mo$150.00$150.00$150.00
MI / mo$89.02$89.02$69.66
HOA / mo$0.00$0.00$0.00
Total monthly$970.59$2,628.45$2,690.25
Cash to close$295,401$38,700$38,700