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$337,806$328,500
Remaining term (yrs)26.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.26%7.18%
Blended rate6.81%7.42%
1st payment$2,178.73$2,225.37
2nd payment$0.00$0.00
Taxes / mo$173.42$173.42
Insurance / mo$150.00$150.00
MI / mo$162.01$65.70
HOA / mo$97.00$97.00
Total monthly$2,761.16$2,711.49
Cash to close$27,194$36,500