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$204,659$204,659$247,410
Remaining term (yrs)27.227.230.0
Secondary amount$0$42,751$0
Funding fee$0$0$0
Note rate6.67%6.67%7.18%
Blended rate7.22%7.528%7.42%
1st payment$1,358.02$1,358.02$1,676.04
2nd payment$0.00$320.64$0.00
Taxes / mo$49.33$49.33$49.33
Insurance / mo$150.00$150.00$150.00
MI / mo$96.76$96.76$49.48
HOA / mo$497.00$497.00$497.00
Total monthly$2,151.11$2,471.74$2,421.86
Cash to close$70,241$27,490$27,490