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	$69,947	$69,947	$297,000
Remaining term (yrs)	12.2	12.2	30.0
Secondary amount	$0	$227,053	$0
Funding fee	$0	$0	$0
Note rate	5.970%	5.970%	7.320%
Blended rate	6.820%	7.531%	7.560%
1st payment	$668.89	$668.89	$2,040.18
2nd payment	$0.00	$1,466.39	$0.00
Taxes / mo	$71.42	$71.42	$71.42
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$79.28	$79.28	$59.40
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$969.59	$2,435.97	$2,321.00
Cash to close	$260,053	$33,000	$33,000