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$468,655$422,999
Remaining term (yrs)26.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.81%7.18%
Blended rate7.66%7.42%
1st payment$3,197.44$2,865.54
2nd payment$0.00$0.00
Taxes / mo$64.33$64.33
Insurance / mo$166.67$166.67
MI / mo$347.06$84.60
HOA / mo$0.00$0.00
Total monthly$3,775.50$3,181.14
Cash to close$1,344$47,000