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$466,502$450,000
Remaining term (yrs)28.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate3.99%7.18%
Blended rate4.54%7.42%
1st payment$2,278.41$3,048.46
2nd payment$0.00$0.00
Taxes / mo$23.83$23.83
Insurance / mo$0.00$0.00
MI / mo$219.00$90.00
HOA / mo$62.00$62.00
Total monthly$2,583.25$3,224.29
Cash to close$33,498$50,000