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
Current Market Conventional
New · Conventional
Loan amount$215,003$225,000
Remaining term (yrs)29.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.37%7.18%
Blended rate6.92%7.42%
1st payment$1,346.95$1,524.23
2nd payment$0.00$0.00
Taxes / mo$31.42$31.42
Insurance / mo$150.00$150.00
MI / mo$99.01$45.00
HOA / mo$0.00$0.00
Total monthly$1,627.37$1,750.65
Cash to close$34,997$25,000