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$80,327$80,327$490,500
Remaining term (yrs)15.515.530.0
Secondary amount$0$410,173$0
Funding fee$0$0$0
Note rate3.920%3.920%7.320%
Blended rate4.770%7.262%7.560%
1st payment$572.49$572.49$3,369.39
2nd payment$0.00$2,649.03$0.00
Taxes / mo$167.00$167.00$167.00
Insurance / mo$166.67$166.67$166.67
MI / mo$85.77$85.77$98.10
HOA / mo$41.00$41.00$41.00
Total monthly$1,032.93$3,681.96$3,842.16
Cash to close$464,673$54,500$54,500