Elevate48
Call Martin

Comparison

Side-by-side payments and cash to close

Lowest monthly: Current Market Conventional

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$523,040$523,040$530,100
Remaining term (yrs)27.227.230.0
Secondary amount$0$36,510$0
Funding fee$0$0$0
Note rate6.82%6.82%7.18%
Blended rate7.37%7.664%7.42%
1st payment$3,521.43$3,521.43$3,591.08
2nd payment$0.00$361.30$0.00
Taxes / mo$245.42$245.42$245.42
Insurance / mo$166.67$166.67$166.67
MI / mo$247.07$247.07$106.02
HOA / mo$19.00$19.00$19.00
Total monthly$4,199.58$4,560.88$4,128.19
Cash to close$65,960$29,450$58,900