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$318,467$303,300
Remaining term (yrs)25.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.51%7.18%
Blended rate6.36%7.42%
1st payment$1,925.52$2,054.66
2nd payment$0.00$0.00
Taxes / mo$82.17$82.17
Insurance / mo$150.00$150.00
MI / mo$239.95$60.66
HOA / mo$483.00$483.00
Total monthly$2,880.63$2,830.49
Cash to close$18,533$33,700