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$439,420$439,420$535,500
Remaining term (yrs)27.527.530.0
Secondary amount$0$96,080$0
Funding fee$0$0$0
Note rate6.69%6.69%7.18%
Blended rate7.24%7.556%7.42%
1st payment$2,912.18$2,912.18$3,627.66
2nd payment$0.00$720.60$0.00
Taxes / mo$170.08$170.08$170.08
Insurance / mo$166.67$166.67$166.67
MI / mo$207.06$207.06$107.10
HOA / mo$0.00$0.00$0.00
Total monthly$3,455.99$4,176.59$4,071.51
Cash to close$155,580$59,500$59,500