Elevate48
Call Martin

Comparison

Side-by-side payments and cash to close

Lowest monthly: Current Market Conventional

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$331,866$229,500
Remaining term (yrs)25.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.52%7.18%
Blended rate6.37%7.42%
1st payment$2,011.45$1,554.71
2nd payment$0.00$0.00
Taxes / mo$115.75$115.75
Insurance / mo$150.00$150.00
MI / mo$250.38$45.90
HOA / mo$90.00$90.00
Total monthly$2,617.58$1,956.36
Cash to close$0$25,500