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$436,177$436,177$459,000
Remaining term (yrs)28.728.730.0
Secondary amount$0$48,323$0
Funding fee$0$0$0
Note rate6.72%6.72%7.18%
Blended rate7.27%7.729%7.42%
1st payment$2,856.26$2,856.26$3,109.43
2nd payment$0.00$478.20$0.00
Taxes / mo$82.58$82.58$82.58
Insurance / mo$166.67$166.67$166.67
MI / mo$202.46$202.46$91.80
HOA / mo$0.00$0.00$0.00
Total monthly$3,307.97$3,786.17$3,450.48
Cash to close$73,823$25,500$51,000