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$326,777$324,000
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.5%7.18%
Blended rate7.05%7.42%
1st payment$2,114.30$2,194.89
2nd payment$0.00$0.00
Taxes / mo$60.58$60.58
Insurance / mo$150.00$150.00
MI / mo$153.31$64.80
HOA / mo$70.00$70.00
Total monthly$2,548.20$2,540.27
Cash to close$33,223$36,000