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$441,035$441,035$465,299
Remaining term (yrs)29.029.030.0
Secondary amount$0$50,114$0
Funding fee$0$0$0
Note rate6.3%6.3%7.18%
Blended rate6.85%7.363%7.42%
1st payment$2,759.17$2,759.17$3,152.10
2nd payment$0.00$495.92$0.00
Taxes / mo$209.42$209.42$209.42
Insurance / mo$166.67$166.67$166.67
MI / mo$204.31$204.31$93.06
HOA / mo$0.00$0.00$0.00
Total monthly$3,339.56$3,835.48$3,621.24
Cash to close$75,964$25,850$51,700