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$304,108$304,108$328,499
Remaining term (yrs)27.927.930.0
Secondary amount$0$42,641$0
Funding fee$0$0$0
Note rate6.46%6.46%7.18%
Blended rate7.01%7.608%7.42%
1st payment$1,959.79$1,959.79$2,225.37
2nd payment$0.00$421.96$0.00
Taxes / mo$102.75$102.75$102.75
Insurance / mo$150.00$150.00$150.00
MI / mo$142.70$142.70$65.70
HOA / mo$44.00$44.00$44.00
Total monthly$2,399.25$2,821.21$2,587.82
Cash to close$60,891$18,250$36,500