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$516,247$516,247$535,500
Remaining term (yrs)26.626.630.0
Secondary amount$0$49,003$0
Funding fee$0$0$0
Note rate6.13%6.13%7.18%
Blended rate6.68%7.13%7.42%
1st payment$3,279.36$3,279.36$3,627.66
2nd payment$0.00$484.93$0.00
Taxes / mo$177.42$177.42$177.42
Insurance / mo$166.67$166.67$166.67
MI / mo$247.24$247.24$107.10
HOA / mo$66.00$66.00$66.00
Total monthly$3,936.68$4,421.61$4,144.85
Cash to close$78,753$29,750$59,500