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$108,525$108,525$260,991
Remaining term (yrs)22.822.830.0
Secondary amount$0$152,466$0
Funding fee$0$0$0
Note rate3.6%3.6%7.18%
Blended rate4.45%6.524%7.42%
1st payment$580.12$580.12$1,768.04
2nd payment$0.00$1,016.44$0.00
Taxes / mo$86.50$86.50$86.50
Insurance / mo$150.00$150.00$150.00
MI / mo$90.38$90.38$52.20
HOA / mo$0.00$0.00$0.00
Total monthly$907.00$1,923.44$2,056.74
Cash to close$181,465$28,999$28,999