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$325,211$198,000
Remaining term (yrs)25.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.1%7.18%
Blended rate5.95%7.42%
1st payment$1,892.56$1,341.32
2nd payment$0.00$0.00
Taxes / mo$58.42$58.42
Insurance / mo$150.00$150.00
MI / mo$246.90$39.60
HOA / mo$0.00$0.00
Total monthly$2,347.88$1,589.34
Cash to close$0$22,000