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$366,273$366,273$395,100
Remaining term (yrs)28.328.330.0
Secondary amount$0$28,827$0
Funding fee$0$0$0
Note rate6.65%6.65%7.18%
Blended rate7.2%7.331%7.42%
1st payment$2,393.32$2,393.32$2,676.55
2nd payment$0.00$216.20$0.00
Taxes / mo$120.83$120.83$120.83
Insurance / mo$150.00$150.00$150.00
MI / mo$170.87$170.87$79.02
HOA / mo$98.00$98.00$98.00
Total monthly$2,933.03$3,149.23$3,124.40
Cash to close$72,727$43,900$43,900