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$384,854$314,100
Remaining term (yrs)27.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.44%7.18%
Blended rate7.99%7.42%
1st payment$2,750.55$2,127.82
2nd payment$0.00$0.00
Taxes / mo$107.92$107.92
Insurance / mo$150.00$150.00
MI / mo$181.36$62.82
HOA / mo$0.00$0.00
Total monthly$3,189.83$2,448.56
Cash to close$0$34,900