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$394,012$382,500
Remaining term (yrs)25.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate4.35%7.18%
Blended rate5.2%7.42%
1st payment$2,152.67$2,591.19
2nd payment$0.00$0.00
Taxes / mo$239.33$239.33
Insurance / mo$150.00$150.00
MI / mo$306.30$76.50
HOA / mo$85.00$85.00
Total monthly$2,933.31$3,142.02
Cash to close$30,988$42,500