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$280,911$283,500
Remaining term (yrs)26.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.26%7.18%
Blended rate6.81%7.42%
1st payment$1,809.56$1,920.53
2nd payment$0.00$0.00
Taxes / mo$45.75$45.75
Insurance / mo$150.00$150.00
MI / mo$134.56$56.70
HOA / mo$0.00$0.00
Total monthly$2,139.87$2,172.98
Cash to close$34,089$31,500