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$139,748$139,748$247,500
Remaining term (yrs)23.723.730.0
Secondary amount$0$107,752$0
Funding fee$0$0$0
Note rate3.21%3.21%7.18%
Blended rate4.06%5.775%7.42%
1st payment$699.77$699.77$1,676.65
2nd payment$0.00$718.35$0.00
Taxes / mo$32.17$32.17$32.17
Insurance / mo$150.00$150.00$150.00
MI / mo$114.47$114.47$49.50
HOA / mo$0.00$0.00$0.00
Total monthly$996.40$1,714.75$1,908.32
Cash to close$135,252$27,500$27,500