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$297,669$297,000
Remaining term (yrs)25.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.22%7.18%
Blended rate6.07%7.42%
1st payment$1,745.42$2,011.98
2nd payment$0.00$0.00
Taxes / mo$157.33$157.33
Insurance / mo$150.00$150.00
MI / mo$224.65$59.40
HOA / mo$96.00$96.00
Total monthly$2,373.40$2,474.71
Cash to close$32,331$33,000