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$301,076$265,500
Remaining term (yrs)27.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.79%7.18%
Blended rate8.34%7.42%
1st payment$2,224.30$1,798.59
2nd payment$0.00$0.00
Taxes / mo$119.42$119.42
Insurance / mo$150.00$150.00
MI / mo$141.76$53.10
HOA / mo$100.00$100.00
Total monthly$2,735.48$2,221.11
Cash to close$0$29,500