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$402,843$362,700
Remaining term (yrs)26.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.34%7.18%
Blended rate6.89%7.42%
1st payment$2,612.18$2,457.06
2nd payment$0.00$0.00
Taxes / mo$304.33$304.33
Insurance / mo$150.00$150.00
MI / mo$192.61$72.54
HOA / mo$101.00$101.00
Total monthly$3,360.13$3,084.93
Cash to close$157$40,300