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$360,529$350,100
Remaining term (yrs)26.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.43%7.18%
Blended rate6.98%7.42%
1st payment$2,355.57$2,371.70
2nd payment$0.00$0.00
Taxes / mo$225.67$225.67
Insurance / mo$150.00$150.00
MI / mo$172.06$70.02
HOA / mo$91.00$91.00
Total monthly$2,994.29$2,908.39
Cash to close$28,471$38,900