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$344,891$319,500
Remaining term (yrs)27.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate4.99%7.18%
Blended rate5.54%7.42%
1st payment$1,925.88$2,164.40
2nd payment$0.00$0.00
Taxes / mo$190.67$190.67
Insurance / mo$150.00$150.00
MI / mo$164.62$63.90
HOA / mo$111.00$111.00
Total monthly$2,542.16$2,679.97
Cash to close$10,109$35,500