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$88,895$88,895$350,991
Remaining term (yrs)27.827.830.0
Secondary amount$0$262,096$0
Funding fee$0$0$0
Note rate6.73%6.73%7.18%
Blended rate7.28%7.631%7.42%
1st payment$589.01$589.01$2,377.74
2nd payment$0.00$1,692.70$0.00
Taxes / mo$73.75$73.75$73.75
Insurance / mo$150.00$150.00$150.00
MI / mo$41.71$41.71$70.20
HOA / mo$0.00$0.00$0.00
Total monthly$854.47$2,547.17$2,671.68
Cash to close$301,095$38,999$38,999