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$127,938$127,938$337,410
Remaining term (yrs)19.419.430.0
Secondary amount$0$209,472$0
Funding fee$0$0$0
Note rate3.97%3.97%7.18%
Blended rate4.82%6.639%7.42%
1st payment$786.27$786.27$2,285.73
2nd payment$0.00$1,352.84$0.00
Taxes / mo$118.50$118.50$118.50
Insurance / mo$150.00$150.00$150.00
MI / mo$117.08$117.08$67.48
HOA / mo$305.00$305.00$305.00
Total monthly$1,476.86$2,829.69$2,926.71
Cash to close$246,962$37,490$37,490