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$246,779$202,500
Remaining term (yrs)25.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate3.550%7.320%
Blended rate4.400%7.560%
1st payment$1,224.49$1,391.03
2nd payment$0.00$0.00
Taxes / mo$54.92$54.92
Insurance / mo$150.00$150.00
MI / mo$191.96$40.50
HOA / mo$153.00$153.00
Total monthly$1,774.36$1,789.45
Cash to close$0$22,500