Martin Tsatskin | Elevate48

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	$148,882	$148,882	$370,800
Remaining term (yrs)	18.3	18.3	30.0
Secondary amount	$0	$221,918	$0
Funding fee	$0	$0	$0
Note rate	3.670%	3.670%	7.240%
Blended rate	4.520%	6.453%	7.480%
1st payment	$927.78	$927.78	$2,527.00
2nd payment	$0.00	$1,433.22	$0.00
Taxes / mo	$134.08	$134.08	$134.08
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$143.31	$143.31	$74.16
HOA / mo	$30.00	$30.00	$30.00
Total monthly	$1,385.17	$2,818.39	$2,915.24
Cash to close	$263,118	$41,200	$41,200