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$373,417$373,417$494,910
Remaining term (yrs)27.127.130.0
Secondary amount$0$121,493$0
Funding fee$0$0$0
Note rate7.79%7.79%7.18%
Blended rate8.34%8.257%7.42%
1st payment$2,758.75$2,758.75$3,352.69
2nd payment$0.00$809.96$0.00
Taxes / mo$142.58$142.58$142.58
Insurance / mo$166.67$166.67$166.67
MI / mo$175.82$175.82$98.98
HOA / mo$0.00$0.00$0.00
Total monthly$3,243.81$4,053.77$3,760.92
Cash to close$176,483$54,990$54,990