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$330,778$330,778$355,410
Remaining term (yrs)24.724.730.0
Secondary amount$0$44,377$0
Funding fee$0$0$0
Note rate2.9%2.9%7.18%
Blended rate3.75%4.711%7.42%
1st payment$1,558.53$1,558.53$2,407.67
2nd payment$0.00$439.15$0.00
Taxes / mo$168.33$168.33$168.33
Insurance / mo$150.00$150.00$150.00
MI / mo$265.23$265.23$71.08
HOA / mo$57.00$57.00$57.00
Total monthly$2,199.09$2,638.24$2,854.09
Cash to close$64,122$19,745$39,490