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$228,632$228,632$349,200
Remaining term (yrs)24.624.630.0
Secondary amount$0$120,568$0
Funding fee$0$0$0
Note rate2.36%2.36%7.18%
Blended rate3.21%4.864%7.42%
1st payment$1,017.12$1,017.12$2,365.60
2nd payment$0.00$803.79$0.00
Taxes / mo$221.03$221.03$221.03
Insurance / mo$150.00$150.00$150.00
MI / mo$185.74$185.74$69.84
HOA / mo$82.00$82.00$82.00
Total monthly$1,655.90$2,459.69$2,888.47
Cash to close$159,368$38,800$38,800