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$119,565$119,565$242,910
Remaining term (yrs)21.421.430.0
Secondary amount$0$123,345$0
Funding fee$0$0$0
Note rate4.38%4.38%7.18%
Blended rate5.23%6.637%7.42%
1st payment$716.17$716.17$1,645.56
2nd payment$0.00$822.30$0.00
Taxes / mo$46.58$46.58$46.58
Insurance / mo$150.00$150.00$150.00
MI / mo$101.54$101.54$48.58
HOA / mo$0.00$0.00$0.00
Total monthly$1,014.30$1,836.60$1,890.72
Cash to close$150,335$26,990$26,990