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$57,836$57,836$225,000
Remaining term (yrs)18.418.430.0
Secondary amount$0$167,164$0
Funding fee$0$0$0
Note rate3.76%3.76%7.18%
Blended rate4.61%7.129%7.42%
1st payment$361.95$361.95$1,524.23
2nd payment$0.00$1,114.43$0.00
Taxes / mo$91.25$91.25$91.25
Insurance / mo$150.00$150.00$150.00
MI / mo$55.29$55.29$45.00
HOA / mo$0.00$0.00$0.00
Total monthly$658.49$1,772.91$1,810.48
Cash to close$192,164$25,000$25,000