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$137,325$137,325$229,499
Remaining term (yrs)18.718.730.0
Secondary amount$0$92,174$0
Funding fee$0$0$0
Note rate4.04%4.04%7.18%
Blended rate4.89%6.541%7.42%
1st payment$868.80$868.80$1,554.71
2nd payment$0.00$691.31$0.00
Taxes / mo$67.08$67.08$67.08
Insurance / mo$150.00$150.00$150.00
MI / mo$128.28$128.28$45.90
HOA / mo$249.00$249.00$249.00
Total monthly$1,463.17$2,154.48$2,066.69
Cash to close$117,674$25,500$25,500