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$498,074$382,410
Remaining term (yrs)27.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.1%7.18%
Blended rate7.65%7.42%
1st payment$3,430.92$2,590.58
2nd payment$0.00$0.00
Taxes / mo$144.67$144.67
Insurance / mo$150.00$150.00
MI / mo$233.99$76.48
HOA / mo$126.00$126.00
Total monthly$4,085.58$3,087.73
Cash to close$0$42,490