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$409,891$369,000
Remaining term (yrs)25.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate3.760%7.320%
Blended rate4.610%7.560%
1st payment$2,080.65$2,534.77
2nd payment$0.00$0.00
Taxes / mo$125.83$125.83
Insurance / mo$150.00$150.00
MI / mo$317.84$73.80
HOA / mo$0.00$0.00
Total monthly$2,674.33$2,884.41
Cash to close$109$41,000