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$333,305$315,000
Remaining term (yrs)26.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.48%7.18%
Blended rate7.03%7.42%
1st payment$2,198.62$2,133.92
2nd payment$0.00$0.00
Taxes / mo$72.83$72.83
Insurance / mo$150.00$150.00
MI / mo$159.76$63.00
HOA / mo$0.00$0.00
Total monthly$2,581.21$2,419.75
Cash to close$16,695$35,000