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$526,866$526,866$566,955
Remaining term (yrs)27.727.730.0
Secondary amount$0$40,089$0
Funding fee$0$0$0
Note rate6.92%6.92%7.18%
Blended rate7.47%7.578%7.42%
1st payment$3,559.89$3,559.89$3,840.75
2nd payment$0.00$300.67$0.00
Taxes / mo$289.67$289.67$289.67
Insurance / mo$166.67$166.67$166.67
MI / mo$247.24$247.24$113.39
HOA / mo$0.00$0.00$0.00
Total monthly$4,263.46$4,564.12$4,410.47
Cash to close$103,084$62,995$62,995