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$321,853$310,500
Remaining term (yrs)26.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.36%7.18%
Blended rate7.21%7.42%
1st payment$2,101.22$2,103.44
2nd payment$0.00$0.00
Taxes / mo$178.92$178.92
Insurance / mo$150.00$150.00
MI / mo$238.95$62.10
HOA / mo$90.00$90.00
Total monthly$2,759.09$2,584.45
Cash to close$23,147$34,500