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$328,512$328,512$440,100
Remaining term (yrs)28.528.530.0
Secondary amount$0$111,588$0
Funding fee$0$0$0
Note rate6.63%6.63%7.18%
Blended rate7.18%7.388%7.42%
1st payment$2,138.08$2,138.08$2,981.39
2nd payment$0.00$743.92$0.00
Taxes / mo$236.58$236.58$236.58
Insurance / mo$166.67$166.67$166.67
MI / mo$152.96$152.96$88.02
HOA / mo$0.00$0.00$0.00
Total monthly$2,694.29$3,438.21$3,472.66
Cash to close$160,488$48,900$48,900