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$348,021$259,200
Remaining term (yrs)25.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.1%7.18%
Blended rate5.95%7.42%
1st payment$2,025.30$1,755.91
2nd payment$0.00$0.00
Taxes / mo$106.92$106.92
Insurance / mo$150.00$150.00
MI / mo$264.22$51.84
HOA / mo$295.00$295.00
Total monthly$2,841.44$2,359.67
Cash to close$0$28,800