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	$269,715	$269,715	$337,500
Remaining term (yrs)	28.1	28.1	30.0
Secondary amount	$0	$67,785	$0
Funding fee	$0	$0	$0
Note rate	6.500%	6.500%	7.320%
Blended rate	7.050%	7.442%	7.560%
1st payment	$1,739.66	$1,739.66	$2,318.39
2nd payment	$0.00	$508.39	$0.00
Taxes / mo	$128.50	$128.50	$128.50
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$126.15	$126.15	$67.50
HOA / mo	$43.33	$43.33	$43.33
Total monthly	$2,187.64	$2,696.03	$2,707.72
Cash to close	$105,285	$37,500	$37,500