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	$217,906	$217,906	$269,999
Remaining term (yrs)	24.3	24.3	30.0
Secondary amount	$0	$52,094	$0
Funding fee	$0	$0	$0
Note rate	2.740%	2.740%	7.240%
Blended rate	3.590%	4.634%	7.480%
1st payment	$1,020.83	$1,020.83	$1,840.04
2nd payment	$0.00	$390.70	$0.00
Taxes / mo	$45.17	$45.17	$45.17
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$177.35	$177.35	$54.00
HOA / mo	$208.00	$208.00	$208.00
Total monthly	$1,601.35	$1,992.05	$2,297.21
Cash to close	$82,093	$30,000	$30,000