Elevate48
Call Martin

Comparison

Side-by-side payments and cash to close

Lowest monthly: Current Market Conventional

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$521,958$521,958$539,999
Remaining term (yrs)27.527.530.0
Secondary amount$0$48,041$0
Funding fee$0$0$0
Note rate6.88%6.88%7.18%
Blended rate7.43%7.805%7.42%
1st payment$3,523.65$3,523.65$3,658.14
2nd payment$0.00$475.41$0.00
Taxes / mo$144.50$144.50$144.50
Insurance / mo$166.67$166.67$166.67
MI / mo$245.72$245.72$108.00
HOA / mo$0.00$0.00$0.00
Total monthly$4,080.54$4,555.94$4,077.31
Cash to close$78,041$30,000$60,000