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$355,180$339,300
Remaining term (yrs)28.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.5%7.18%
Blended rate7.05%7.42%
1st payment$2,295.66$2,298.54
2nd payment$0.00$0.00
Taxes / mo$124.83$124.83
Insurance / mo$150.00$150.00
MI / mo$166.47$67.86
HOA / mo$42.00$42.00
Total monthly$2,778.96$2,683.23
Cash to close$21,820$37,700