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$355,321$328,500
Remaining term (yrs)28.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.58%7.18%
Blended rate7.13%7.42%
1st payment$2,289.80$2,225.37
2nd payment$0.00$0.00
Taxes / mo$99.42$99.42
Insurance / mo$150.00$150.00
MI / mo$164.67$65.70
HOA / mo$86.33$86.33
Total monthly$2,790.22$2,626.82
Cash to close$9,679$36,500