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$294,297$233,910
Remaining term (yrs)25.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate2.98%7.18%
Blended rate3.83%7.42%
1st payment$1,383.25$1,584.59
2nd payment$0.00$0.00
Taxes / mo$134.67$134.67
Insurance / mo$150.00$150.00
MI / mo$232.99$46.78
HOA / mo$80.00$80.00
Total monthly$1,980.91$1,996.04
Cash to close$0$25,990