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$77,076$77,076$332,910
Remaining term (yrs)16.216.230.0
Secondary amount$0$255,834$0
Funding fee$0$0$0
Note rate3.34%3.34%7.18%
Blended rate4.19%6.926%7.42%
1st payment$510.75$510.75$2,255.25
2nd payment$0.00$1,652.26$0.00
Taxes / mo$106.58$106.58$106.58
Insurance / mo$150.00$150.00$150.00
MI / mo$82.19$82.19$66.58
HOA / mo$317.00$317.00$317.00
Total monthly$1,166.52$2,818.78$2,895.41
Cash to close$292,824$36,990$36,990