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$418,954$404,999
Remaining term (yrs)25.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.22%7.18%
Blended rate6.07%7.42%
1st payment$2,464.07$2,743.60
2nd payment$0.00$0.00
Taxes / mo$249.00$249.00
Insurance / mo$150.00$150.00
MI / mo$317.14$81.00
HOA / mo$95.00$95.00
Total monthly$3,275.21$3,318.60
Cash to close$31,045$45,000