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$91,695$91,695$378,000
Remaining term (yrs)14.014.030.0
Secondary amount$0$286,305$0
Funding fee$0$0$0
Note rate4.32%4.32%7.18%
Blended rate5.17%7.124%7.42%
1st payment$725.21$725.21$2,560.70
2nd payment$0.00$1,849.05$0.00
Taxes / mo$214.50$214.50$214.50
Insurance / mo$150.00$150.00$150.00
MI / mo$103.56$103.56$75.60
HOA / mo$110.00$110.00$110.00
Total monthly$1,303.26$3,152.31$3,110.80
Cash to close$328,305$42,000$42,000