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$181,992$181,992$474,300
Remaining term (yrs)18.718.730.0
Secondary amount$0$292,308$0
Funding fee$0$0$0
Note rate3.98%3.98%7.18%
Blended rate4.83%6.63%7.42%
1st payment$1,145.71$1,145.71$3,213.07
2nd payment$0.00$1,887.82$0.00
Taxes / mo$164.58$164.58$164.58
Insurance / mo$166.67$166.67$166.67
MI / mo$170.40$170.40$94.86
HOA / mo$60.00$60.00$60.00
Total monthly$1,707.36$3,595.18$3,699.18
Cash to close$345,008$52,700$52,700