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$211,883$176,310
Remaining term (yrs)28.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.65%7.18%
Blended rate7.2%7.42%
1st payment$1,380.44$1,194.39
2nd payment$0.00$0.00
Taxes / mo$6.25$6.25
Insurance / mo$150.00$150.00
MI / mo$98.56$35.26
HOA / mo$0.00$0.00
Total monthly$1,635.24$1,385.90
Cash to close$0$19,590