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$480,236$449,910
Remaining term (yrs)26.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.57%7.18%
Blended rate8.12%7.42%
1st payment$3,483.60$3,047.85
2nd payment$0.00$0.00
Taxes / mo$161.33$161.33
Insurance / mo$166.67$166.67
MI / mo$226.79$89.98
HOA / mo$114.00$114.00
Total monthly$4,152.39$3,579.83
Cash to close$19,664$49,990