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	$235,594	$235,594	$306,000
Remaining term (yrs)	25.5	25.5	30.0
Secondary amount	$0	$70,406	$0
Funding fee	$0	$0	$0
Note rate	4.170%	4.170%	7.240%
Blended rate	5.020%	5.936%	7.480%
1st payment	$1,249.40	$1,249.40	$2,085.38
2nd payment	$0.00	$528.05	$0.00
Taxes / mo	$69.83	$69.83	$69.83
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$181.62	$181.62	$61.20
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,650.86	$2,178.91	$2,366.42
Cash to close	$104,406	$34,000	$34,000