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$347,561$347,561$373,500
Remaining term (yrs)27.627.630.0
Secondary amount$0$25,939$0
Funding fee$0$0$0
Note rate7.22%7.22%7.18%
Blended rate7.77%7.855%7.42%
1st payment$2,419.39$2,419.39$2,530.22
2nd payment$0.00$194.54$0.00
Taxes / mo$202.08$202.08$202.08
Insurance / mo$150.00$150.00$150.00
MI / mo$163.04$163.04$74.70
HOA / mo$163.00$163.00$163.00
Total monthly$3,097.51$3,292.06$3,120.00
Cash to close$67,439$41,500$41,500