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$468,084$440,100
Remaining term (yrs)26.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.13%7.18%
Blended rate6.68%7.42%
1st payment$2,984.61$2,981.39
2nd payment$0.00$0.00
Taxes / mo$203.50$203.50
Insurance / mo$166.67$166.67
MI / mo$225.02$88.02
HOA / mo$55.00$55.00
Total monthly$3,634.79$3,494.58
Cash to close$20,916$48,900