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$332,280$332,280$359,999
Remaining term (yrs)26.226.230.0
Secondary amount$0$27,719$0
Funding fee$0$0$0
Note rate6.48%6.48%7.18%
Blended rate7.33%7.182%7.42%
1st payment$2,194.49$2,194.49$2,438.76
2nd payment$0.00$207.89$0.00
Taxes / mo$187.83$187.83$187.83
Insurance / mo$150.00$150.00$150.00
MI / mo$159.46$159.46$72.00
HOA / mo$108.00$108.00$108.00
Total monthly$2,799.78$3,007.67$2,956.59
Cash to close$67,719$40,000$40,000