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$150,063$150,063$440,910
Remaining term (yrs)17.317.330.0
Secondary amount$0$290,847$0
Funding fee$0$0$0
Note rate4.47%4.47%7.18%
Blended rate5.32%6.923%7.42%
1st payment$1,034.67$1,034.67$2,986.88
2nd payment$0.00$1,878.39$0.00
Taxes / mo$154.08$154.08$154.08
Insurance / mo$166.67$166.67$166.67
MI / mo$145.15$145.15$88.18
HOA / mo$57.00$57.00$57.00
Total monthly$1,557.57$3,435.96$3,452.81
Cash to close$339,837$48,990$48,990