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$9,902$9,902$319,500
Remaining term (yrs)24.724.730.0
Secondary amount$0$309,598$0
Funding fee$0$0$0
Note rate6.67%6.67%7.18%
Blended rate7.22%7.734%7.42%
1st payment$68.09$68.09$2,164.40
2nd payment$0.00$1,999.49$0.00
Taxes / mo$41.00$41.00$41.00
Insurance / mo$150.00$150.00$150.00
MI / mo$4.74$4.74$63.90
HOA / mo$0.00$0.00$0.00
Total monthly$263.83$2,263.32$2,419.30
Cash to close$345,098$35,500$35,500