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$162,146$162,146$283,500
Remaining term (yrs)21.821.830.0
Secondary amount$0$121,354$0
Funding fee$0$0$0
Note rate4.53%4.53%7.18%
Blended rate5.38%6.502%7.42%
1st payment$973.47$973.47$1,920.53
2nd payment$0.00$809.03$0.00
Taxes / mo$107.50$107.50$107.50
Insurance / mo$150.00$150.00$150.00
MI / mo$135.61$135.61$56.70
HOA / mo$76.00$76.00$76.00
Total monthly$1,442.59$2,251.62$2,310.73
Cash to close$152,854$31,500$31,500