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$207,451$207,451$297,000
Remaining term (yrs)27.127.130.0
Secondary amount$0$89,549$0
Funding fee$0$0$0
Note rate7.29%7.29%7.18%
Blended rate7.84%8.19%7.42%
1st payment$1,463.44$1,463.44$2,011.98
2nd payment$0.00$671.62$0.00
Taxes / mo$96.67$96.67$96.67
Insurance / mo$150.00$150.00$150.00
MI / mo$97.93$97.93$59.40
HOA / mo$0.00$0.00$0.00
Total monthly$1,808.04$2,479.66$2,318.05
Cash to close$122,549$33,000$33,000