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$511,387$436,500
Remaining term (yrs)28.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.09%7.18%
Blended rate6.64%7.42%
1st payment$3,171.18$2,957.00
2nd payment$0.00$0.00
Taxes / mo$243.25$243.25
Insurance / mo$166.67$166.67
MI / mo$240.10$87.30
HOA / mo$300.00$300.00
Total monthly$4,121.19$3,754.22
Cash to close$0$48,500