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$271,689$271,689$315,000
Remaining term (yrs)28.928.930.0
Secondary amount$0$43,311$0
Funding fee$0$0$0
Note rate6.56%6.56%7.18%
Blended rate7.11%7.37%7.42%
1st payment$1,747.30$1,747.30$2,133.92
2nd payment$0.00$324.83$0.00
Taxes / mo$85.33$85.33$85.33
Insurance / mo$150.00$150.00$150.00
MI / mo$125.92$125.92$63.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,108.55$2,433.38$2,432.25
Cash to close$78,311$35,000$35,000