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$417,078$359,100
Remaining term (yrs)28.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.84%7.18%
Blended rate7.39%7.42%
1st payment$2,766.70$2,432.67
2nd payment$0.00$0.00
Taxes / mo$7.00$7.00
Insurance / mo$150.00$150.00
MI / mo$193.72$71.82
HOA / mo$102.00$102.00
Total monthly$3,219.42$2,763.49
Cash to close$0$39,900