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$307,201$297,000
Remaining term (yrs)26.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.33%7.18%
Blended rate7.18%7.42%
1st payment$1,999.76$2,011.98
2nd payment$0.00$0.00
Taxes / mo$145.42$145.42
Insurance / mo$150.00$150.00
MI / mo$147.61$59.40
HOA / mo$0.00$0.00
Total monthly$2,442.79$2,366.80
Cash to close$22,799$33,000