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	$75,435	$75,435	$315,000
Remaining term (yrs)	8.6	8.6	30.0
Secondary amount	$0	$239,565	$0
Funding fee	$0	$0	$0
Note rate	5.770%	5.770%	7.320%
Blended rate	6.620%	7.479%	7.560%
1st payment	$916.67	$916.67	$2,163.83
2nd payment	$0.00	$1,547.19	$0.00
Taxes / mo	$127.42	$127.42	$127.42
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$111.02	$111.02	$63.00
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,305.11	$2,852.30	$2,504.25
Cash to close	$274,565	$35,000	$35,000