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$285,816$288,000
Remaining term (yrs)27.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.82%7.18%
Blended rate7.37%7.42%
1st payment$1,922.28$1,951.01
2nd payment$0.00$0.00
Taxes / mo$106.83$106.83
Insurance / mo$150.00$150.00
MI / mo$134.87$57.60
HOA / mo$0.00$0.00
Total monthly$2,313.99$2,265.45
Cash to close$34,184$32,000