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$531,316$531,316$629,100
Remaining term (yrs)28.628.630.0
Secondary amount$0$97,784$0
Funding fee$0$0$0
Note rate6.89%6.89%7.18%
Blended rate7.44%7.682%7.42%
1st payment$3,542.03$3,542.03$4,261.74
2nd payment$0.00$733.38$0.00
Taxes / mo$237.75$237.75$237.75
Insurance / mo$166.67$166.67$166.67
MI / mo$246.75$246.75$125.82
HOA / mo$0.00$0.00$0.00
Total monthly$4,193.20$4,926.58$4,791.98
Cash to close$167,684$69,900$69,900