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$311,690$309,600
Remaining term (yrs)26.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.11%7.18%
Blended rate6.96%7.42%
1st payment$1,993.74$2,097.34
2nd payment$0.00$0.00
Taxes / mo$120.67$120.67
Insurance / mo$150.00$150.00
MI / mo$232.80$61.92
HOA / mo$0.00$0.00
Total monthly$2,497.20$2,429.92
Cash to close$32,310$34,400