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$423,586$306,000
Remaining term (yrs)25.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.79%7.18%
Blended rate8.34%7.42%
1st payment$3,200.28$2,072.95
2nd payment$0.00$0.00
Taxes / mo$179.50$179.50
Insurance / mo$150.00$150.00
MI / mo$200.26$61.20
HOA / mo$70.00$70.00
Total monthly$3,800.04$2,533.65
Cash to close$0$34,000