Elevate48
Call Martin

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
Current Market Conventional
New · Conventional
Loan amount$328,392$328,500
Remaining term (yrs)25.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate4.17%7.18%
Blended rate5.02%7.42%
1st payment$1,741.53$2,225.37
2nd payment$0.00$0.00
Taxes / mo$138.17$138.17
Insurance / mo$150.00$150.00
MI / mo$253.16$65.70
HOA / mo$0.00$0.00
Total monthly$2,282.86$2,579.24
Cash to close$36,608$36,500