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
Current Market Conventional
New · Conventional
Loan amount$276,971$282,600
Remaining term (yrs)26.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.48%7.18%
Blended rate7.03%7.42%
1st payment$1,827.01$1,914.43
2nd payment$0.00$0.00
Taxes / mo$65.50$65.50
Insurance / mo$150.00$150.00
MI / mo$132.76$56.52
HOA / mo$179.00$179.00
Total monthly$2,354.27$2,365.45
Cash to close$37,029$31,400