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$169,814$169,814$296,100
Remaining term (yrs)23.823.830.0
Secondary amount$0$126,286$0
Funding fee$0$0$0
Note rate2.88%2.88%7.18%
Blended rate3.73%5.551%7.42%
1st payment$819.36$819.36$2,005.88
2nd payment$0.00$841.91$0.00
Taxes / mo$69.25$69.25$69.25
Insurance / mo$150.00$150.00$150.00
MI / mo$139.80$139.80$59.22
HOA / mo$0.00$0.00$0.00
Total monthly$1,178.40$2,020.31$2,284.35
Cash to close$159,186$32,900$32,900