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$456,444$456,444$525,600
Remaining term (yrs)29.229.230.0
Secondary amount$0$69,156$0
Funding fee$0$0$0
Note rate6.19%6.19%7.18%
Blended rate6.74%7.037%7.42%
1st payment$2,817.46$2,817.46$3,560.60
2nd payment$0.00$518.67$0.00
Taxes / mo$29.83$29.83$29.83
Insurance / mo$166.67$166.67$166.67
MI / mo$211.06$211.06$105.12
HOA / mo$0.00$0.00$0.00
Total monthly$3,225.03$3,743.70$3,862.22
Cash to close$127,556$58,400$58,400