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$411,642$411,642$449,910
Remaining term (yrs)26.726.730.0
Secondary amount$0$38,268$0
Funding fee$0$0$0
Note rate6.69%6.69%7.18%
Blended rate7.24%7.39%7.42%
1st payment$2,754.76$2,754.76$3,047.85
2nd payment$0.00$287.01$0.00
Taxes / mo$142.75$142.75$142.75
Insurance / mo$166.67$166.67$166.67
MI / mo$195.87$195.87$89.98
HOA / mo$62.00$62.00$62.00
Total monthly$3,322.05$3,609.06$3,509.25
Cash to close$88,258$49,990$49,990