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$286,715$225,000
Remaining term (yrs)25.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate3.1%7.18%
Blended rate3.95%7.42%
1st payment$1,362.62$1,524.23
2nd payment$0.00$0.00
Taxes / mo$126.33$126.33
Insurance / mo$150.00$150.00
MI / mo$226.03$45.00
HOA / mo$81.00$81.00
Total monthly$1,945.99$1,926.56
Cash to close$0$25,000