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$278,861$274,499
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$1,635.14$1,859.55
2nd payment$0.00$0.00
Taxes / mo$133.17$133.17
Insurance / mo$150.00$150.00
MI / mo$210.45$54.90
HOA / mo$67.00$67.00
Total monthly$2,195.76$2,264.62
Cash to close$26,138$30,500