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$2,969$2,969$296,910
Remaining term (yrs)24.824.830.0
Secondary amount$0$293,941$0
Funding fee$0$0$0
Note rate5.81%5.81%7.18%
Blended rate6.66%7.739%7.42%
1st payment$18.81$18.81$2,011.37
2nd payment$0.00$1,898.37$0.00
Taxes / mo$41.33$41.33$41.33
Insurance / mo$150.00$150.00$150.00
MI / mo$2.24$2.24$59.38
HOA / mo$0.00$0.00$0.00
Total monthly$212.39$2,110.76$2,262.09
Cash to close$326,931$32,990$32,990