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$494,836$480,600
Remaining term (yrs)29.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.000%7.320%
Blended rate6.550%7.560%
1st payment$2,981.78$3,301.39
2nd payment$0.00$0.00
Taxes / mo$229.75$229.75
Insurance / mo$166.67$166.67
MI / mo$227.95$96.12
HOA / mo$103.33$103.33
Total monthly$3,709.47$3,897.26
Cash to close$39,164$53,400