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$269,429$269,429$283,500
Remaining term (yrs)25.625.630.0
Secondary amount$0$29,821$0
Funding fee$0$0$0
Note rate4.98%4.98%7.18%
Blended rate5.83%6.432%7.42%
1st payment$1,551.40$1,551.40$1,920.53
2nd payment$0.00$295.11$0.00
Taxes / mo$90.08$90.08$90.08
Insurance / mo$150.00$150.00$150.00
MI / mo$205.17$205.17$56.70
HOA / mo$0.00$0.00$0.00
Total monthly$1,996.65$2,291.76$2,217.31
Cash to close$45,571$15,750$31,500