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
Current Market Conventional
New · Conventional
Loan amount$289,639$292,500
Remaining term (yrs)24.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate2.97%7.18%
Blended rate3.82%7.42%
1st payment$1,381.47$1,981.50
2nd payment$0.00$0.00
Taxes / mo$139.42$139.42
Insurance / mo$150.00$150.00
MI / mo$232.99$58.50
HOA / mo$65.00$65.00
Total monthly$1,968.88$2,394.41
Cash to close$35,361$32,500