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$452,834$450,000
Remaining term (yrs)28.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.65%7.18%
Blended rate7.2%7.42%
1st payment$2,953.12$3,048.46
2nd payment$0.00$0.00
Taxes / mo$203.67$203.67
Insurance / mo$166.67$166.67
MI / mo$210.84$90.00
HOA / mo$0.00$0.00
Total monthly$3,534.29$3,508.79
Cash to close$47,166$50,000