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$336,641$336,641$350,910
Remaining term (yrs)26.626.630.0
Secondary amount$0$33,764$0
Funding fee$0$0$0
Note rate6.43%6.43%7.18%
Blended rate6.98%7.426%7.42%
1st payment$2,199.49$2,199.49$2,377.19
2nd payment$0.00$334.12$0.00
Taxes / mo$79.50$79.50$79.50
Insurance / mo$150.00$150.00$150.00
MI / mo$160.66$160.66$70.18
HOA / mo$0.00$0.00$0.00
Total monthly$2,589.66$2,923.77$2,676.87
Cash to close$53,259$19,495$38,990