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$374,785$374,785$427,500
Remaining term (yrs)28.728.730.0
Secondary amount$0$52,715$0
Funding fee$0$0$0
Note rate5.73%5.73%7.18%
Blended rate6.28%6.615%7.42%
1st payment$2,215.92$2,215.92$2,896.03
2nd payment$0.00$395.36$0.00
Taxes / mo$111.75$111.75$111.75
Insurance / mo$166.67$166.67$166.67
MI / mo$174.42$174.42$85.50
HOA / mo$0.00$0.00$0.00
Total monthly$2,668.76$3,064.12$3,259.95
Cash to close$100,215$47,500$47,500