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$302,911$261,000
Remaining term (yrs)27.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.6%7.18%
Blended rate7.15%7.42%
1st payment$1,994.15$1,768.10
2nd payment$0.00$0.00
Taxes / mo$98.33$98.33
Insurance / mo$150.00$150.00
MI / mo$143.11$52.20
HOA / mo$18.00$18.00
Total monthly$2,403.59$2,086.64
Cash to close$0$29,000