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$425,544$337,500
Remaining term (yrs)26.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.67%7.18%
Blended rate7.22%7.42%
1st payment$2,842.34$2,286.34
2nd payment$0.00$0.00
Taxes / mo$189.83$189.83
Insurance / mo$150.00$150.00
MI / mo$202.51$67.50
HOA / mo$112.00$112.00
Total monthly$3,496.68$2,805.68
Cash to close$0$37,500