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$364,180$360,000
Remaining term (yrs)27.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.67%7.18%
Blended rate7.22%7.42%
1st payment$2,421.75$2,438.77
2nd payment$0.00$0.00
Taxes / mo$107.42$107.42
Insurance / mo$150.00$150.00
MI / mo$172.55$72.00
HOA / mo$130.00$130.00
Total monthly$2,981.72$2,898.18
Cash to close$35,820$40,000