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$373,889$341,100
Remaining term (yrs)27.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.69%7.18%
Blended rate7.24%7.42%
1st payment$2,477.89$2,310.73
2nd payment$0.00$0.00
Taxes / mo$105.50$105.50
Insurance / mo$150.00$150.00
MI / mo$176.18$68.22
HOA / mo$90.00$90.00
Total monthly$2,999.57$2,724.45
Cash to close$5,111$37,900