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
Assumable Loan + Second
Assumable · FHA
Current Market Conventional
New · Conventional
Loan amount$346,408$346,408$431,100
Remaining term (yrs)26.626.630.0
Secondary amount$0$84,692$0
Funding fee$0$0$0
Note rate6.43%6.43%7.18%
Blended rate6.98%7.377%7.42%
1st payment$2,263.31$2,263.31$2,920.42
2nd payment$0.00$635.19$0.00
Taxes / mo$125.00$125.00$125.00
Insurance / mo$166.67$166.67$166.67
MI / mo$165.32$165.32$86.22
HOA / mo$0.00$0.00$0.00
Total monthly$2,720.30$3,355.48$3,298.31
Cash to close$132,592$47,900$47,900