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$437,756$427,500
Remaining term (yrs)29.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.5%7.18%
Blended rate7.05%7.42%
1st payment$2,792.79$2,896.03
2nd payment$0.00$0.00
Taxes / mo$16.25$16.25
Insurance / mo$166.67$166.67
MI / mo$202.51$85.50
HOA / mo$103.00$103.00
Total monthly$3,281.22$3,267.45
Cash to close$37,244$47,500