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$196,735$196,735$322,200
Remaining term (yrs)22.422.430.0
Secondary amount$0$125,465$0
Funding fee$0$0$0
Note rate4.17%4.17%7.18%
Blended rate5.02%6.18%7.42%
1st payment$1,124.34$1,124.34$2,182.70
2nd payment$0.00$836.43$0.00
Taxes / mo$108.42$108.42$108.42
Insurance / mo$150.00$150.00$150.00
MI / mo$163.44$163.44$64.44
HOA / mo$178.00$178.00$178.00
Total monthly$1,724.20$2,560.63$2,683.55
Cash to close$161,265$35,800$35,800