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$313,923$288,000
Remaining term (yrs)29.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.18%7.18%
Blended rate6.73%7.42%
1st payment$1,933.76$1,951.01
2nd payment$0.00$0.00
Taxes / mo$163.33$163.33
Insurance / mo$150.00$150.00
MI / mo$145.02$57.60
HOA / mo$75.00$75.00
Total monthly$2,467.11$2,396.95
Cash to close$6,077$32,000