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	$206,491	$206,491	$260,978
Remaining term (yrs)	24.4	24.4	30.0
Secondary amount	$0	$54,487	$0
Funding fee	$0	$0	$0
Note rate	3.050%	3.050%	7.320%
Blended rate	3.900%	4.965%	7.560%
1st payment	$995.72	$995.72	$1,792.73
2nd payment	$0.00	$408.65	$0.00
Taxes / mo	$41.00	$41.00	$41.00
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$166.23	$166.23	$52.20
HOA / mo	$354.00	$354.00	$354.00
Total monthly	$1,706.95	$2,115.60	$2,389.93
Cash to close	$83,484	$28,998	$28,998