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$134,567$134,567$251,100
Remaining term (yrs)25.125.130.0
Secondary amount$0$116,533$0
Funding fee$0$0$0
Note rate3.07%3.07%7.18%
Blended rate3.92%5.813%7.42%
1st payment$640.21$640.21$1,701.04
2nd payment$0.00$776.89$0.00
Taxes / mo$59.08$59.08$59.08
Insurance / mo$150.00$150.00$150.00
MI / mo$106.60$106.60$50.22
HOA / mo$238.00$238.00$238.00
Total monthly$1,193.90$1,970.78$2,198.34
Cash to close$144,433$27,900$27,900