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$380,541$380,541$399,600
Remaining term (yrs)26.426.430.0
Secondary amount$0$41,259$0
Funding fee$0$0$0
Note rate6.43%6.43%7.18%
Blended rate6.98%7.459%7.42%
1st payment$2,495.17$2,495.17$2,707.03
2nd payment$0.00$408.29$0.00
Taxes / mo$217.75$217.75$217.75
Insurance / mo$150.00$150.00$150.00
MI / mo$182.26$182.26$79.92
HOA / mo$108.00$108.00$108.00
Total monthly$3,153.17$3,561.46$3,262.70
Cash to close$63,459$22,200$44,400