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$309,111$309,111$341,910
Remaining term (yrs)25.925.930.0
Secondary amount$0$32,799$0
Funding fee$0$0$0
Note rate4.99%4.99%7.18%
Blended rate5.84%6.143%7.42%
1st payment$1,770.45$1,770.45$2,316.22
2nd payment$0.00$245.99$0.00
Taxes / mo$192.00$192.00$192.00
Insurance / mo$150.00$150.00$150.00
MI / mo$233.88$233.88$68.38
HOA / mo$98.00$98.00$98.00
Total monthly$2,444.33$2,690.32$2,824.60
Cash to close$70,789$37,990$37,990