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$364,229$364,229$373,500
Remaining term (yrs)25.825.830.0
Secondary amount$0$30,021$0
Funding fee$0$0$0
Note rate5.41%5.41%7.18%
Blended rate6.26%6.688%7.42%
1st payment$2,180.29$2,180.29$2,530.22
2nd payment$0.00$297.08$0.00
Taxes / mo$96.25$96.25$96.25
Insurance / mo$150.00$150.00$150.00
MI / mo$274.72$274.72$74.70
HOA / mo$0.00$0.00$0.00
Total monthly$2,701.26$2,998.34$2,851.17
Cash to close$50,771$20,750$41,500