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$386,018$387,000
Remaining term (yrs)26.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.34%7.18%
Blended rate6.89%7.42%
1st payment$2,503.08$2,621.67
2nd payment$0.00$0.00
Taxes / mo$137.67$137.67
Insurance / mo$150.00$150.00
MI / mo$184.57$77.40
HOA / mo$108.00$108.00
Total monthly$3,083.32$3,094.74
Cash to close$43,982$43,000