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$322,708$225,000
Remaining term (yrs)28.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.81%7.18%
Blended rate7.36%7.42%
1st payment$2,146.58$1,524.23
2nd payment$0.00$0.00
Taxes / mo$42.92$42.92
Insurance / mo$150.00$150.00
MI / mo$150.76$45.00
HOA / mo$198.00$198.00
Total monthly$2,688.26$1,960.15
Cash to close$0$25,000