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$397,961$397,961$426,600
Remaining term (yrs)28.228.230.0
Secondary amount$0$28,639$0
Funding fee$0$0$0
Note rate6.93%6.93%7.18%
Blended rate7.48%7.582%7.42%
1st payment$2,675.97$2,675.97$2,889.94
2nd payment$0.00$214.79$0.00
Taxes / mo$140.33$140.33$140.33
Insurance / mo$166.67$166.67$166.67
MI / mo$185.66$185.66$85.32
HOA / mo$0.00$0.00$0.00
Total monthly$3,168.63$3,383.42$3,282.26
Cash to close$76,039$47,400$47,400