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$374,052$374,052$395,991
Remaining term (yrs)28.228.230.0
Secondary amount$0$43,938$0
Funding fee$0$0$0
Note rate6.76%6.76%7.18%
Blended rate7.31%7.79%7.42%
1st payment$2,473.45$2,473.45$2,682.58
2nd payment$0.00$434.81$0.00
Taxes / mo$166.67$166.67$166.67
Insurance / mo$150.00$150.00$150.00
MI / mo$174.61$174.61$79.20
HOA / mo$85.00$85.00$85.00
Total monthly$3,049.72$3,484.52$3,163.45
Cash to close$65,938$22,000$43,999