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$442,649$442,649$448,200
Remaining term (yrs)28.128.130.0
Secondary amount$0$30,451$0
Funding fee$0$0$0
Note rate6.44%6.44%7.18%
Blended rate6.99%7.304%7.42%
1st payment$2,840.90$2,840.90$3,036.26
2nd payment$0.00$301.34$0.00
Taxes / mo$125.08$125.08$125.08
Insurance / mo$166.67$166.67$166.67
MI / mo$207.30$207.30$89.64
HOA / mo$100.00$100.00$100.00
Total monthly$3,439.95$3,741.29$3,517.65
Cash to close$55,351$24,900$49,800