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$311,928$292,500
Remaining term (yrs)25.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate4.72%7.18%
Blended rate5.57%7.42%
1st payment$1,751.84$1,981.50
2nd payment$0.00$0.00
Taxes / mo$144.92$144.92
Insurance / mo$150.00$150.00
MI / mo$238.71$58.50
HOA / mo$77.00$77.00
Total monthly$2,362.46$2,411.91
Cash to close$13,072$32,500