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$136,815$136,815$269,999
Remaining term (yrs)20.920.930.0
Secondary amount$0$133,185$0
Funding fee$0$0$0
Note rate3.88%3.88%7.18%
Blended rate4.73%6.343%7.42%
1st payment$794.64$794.64$1,829.07
2nd payment$0.00$887.90$0.00
Taxes / mo$59.08$59.08$59.08
Insurance / mo$150.00$150.00$150.00
MI / mo$119.63$119.63$54.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,123.35$2,011.24$2,092.15
Cash to close$163,184$30,000$30,000