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$9,406$9,406$323,910
Remaining term (yrs)1.61.630.0
Secondary amount$0$314,504$0
Funding fee$0$0$0
Note rate7.14%7.14%7.18%
Blended rate7.99%7.757%7.42%
1st payment$477.78$477.78$2,194.28
2nd payment$0.00$2,031.17$0.00
Taxes / mo$111.25$111.25$111.25
Insurance / mo$150.00$150.00$150.00
MI / mo$50.16$50.16$64.78
HOA / mo$0.00$0.00$0.00
Total monthly$789.18$2,820.36$2,520.31
Cash to close$350,494$35,990$35,990