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$288,955$182,250
Remaining term (yrs)27.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.92%7.18%
Blended rate7.47%7.42%
1st payment$1,950.47$1,234.62
2nd payment$0.00$0.00
Taxes / mo$61.67$61.67
Insurance / mo$150.00$150.00
MI / mo$135.46$36.45
HOA / mo$0.00$0.00
Total monthly$2,297.60$1,482.74
Cash to close$0$20,250