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$341,616$315,000
Remaining term (yrs)28.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.35%7.18%
Blended rate6.9%7.42%
1st payment$2,175.03$2,133.92
2nd payment$0.00$0.00
Taxes / mo$185.12$185.12
Insurance / mo$150.00$150.00
MI / mo$160.21$63.00
HOA / mo$0.00$0.00
Total monthly$2,670.37$2,532.04
Cash to close$8,384$35,000