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$1,747$1,747$211,500
Remaining term (yrs)0.20.230.0
Secondary amount$0$209,753$0
Funding fee$0$0$0
Note rate7.66%7.66%7.18%
Blended rate8.51%7.756%7.42%
1st payment$443.85$443.85$1,432.77
2nd payment$0.00$1,354.65$0.00
Taxes / mo$94.00$94.00$94.00
Insurance / mo$150.00$150.00$150.00
MI / mo$44.27$44.27$42.30
HOA / mo$0.00$0.00$0.00
Total monthly$732.12$2,086.77$1,719.07
Cash to close$233,253$23,500$23,500