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$148,666$148,666$386,100
Remaining term (yrs)19.419.430.0
Secondary amount$0$237,434$0
Funding fee$0$0$0
Note rate3.79%3.79%7.18%
Blended rate4.64%6.553%7.42%
1st payment$899.71$899.71$2,615.58
2nd payment$0.00$1,533.43$0.00
Taxes / mo$77.58$77.58$77.58
Insurance / mo$150.00$150.00$150.00
MI / mo$136.94$136.94$77.22
HOA / mo$0.00$0.00$0.00
Total monthly$1,264.23$2,797.66$2,920.38
Cash to close$280,334$42,900$42,900