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$409,687$391,500
Remaining term (yrs)28.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.67%7.18%
Blended rate7.22%7.42%
1st payment$2,677.09$2,652.16
2nd payment$0.00$0.00
Taxes / mo$206.67$206.67
Insurance / mo$150.00$150.00
MI / mo$190.74$78.30
HOA / mo$476.00$476.00
Total monthly$3,700.50$3,563.12
Cash to close$25,313$43,500