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$42,230$42,230$315,000
Remaining term (yrs)6.66.630.0
Secondary amount$0$272,770$0
Funding fee$0$0$0
Note rate5.7%5.7%7.18%
Blended rate6.55%7.589%7.42%
1st payment$629.29$629.29$2,133.92
2nd payment$0.00$1,761.64$0.00
Taxes / mo$118.83$118.83$118.83
Insurance / mo$150.00$150.00$150.00
MI / mo$76.80$76.80$63.00
HOA / mo$0.00$0.00$0.00
Total monthly$974.93$2,736.57$2,465.75
Cash to close$307,770$35,000$35,000