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$209,420$209,420$566,100
Remaining term (yrs)23.123.130.0
Secondary amount$0$356,680$0
Funding fee$0$0$0
Note rate3.69%3.69%7.18%
Blended rate4.54%6.563%7.42%
1st payment$1,121.71$1,121.71$3,834.96
2nd payment$0.00$2,303.56$0.00
Taxes / mo$167.75$167.75$167.75
Insurance / mo$166.67$166.67$166.67
MI / mo$172.83$172.83$113.22
HOA / mo$0.00$0.00$0.00
Total monthly$1,628.96$3,932.52$4,282.60
Cash to close$419,580$62,900$62,900