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$331,529$323,910
Remaining term (yrs)27.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.95%7.18%
Blended rate7.5%7.42%
1st payment$2,248.78$2,194.28
2nd payment$0.00$0.00
Taxes / mo$91.08$91.08
Insurance / mo$150.00$150.00
MI / mo$155.71$64.78
HOA / mo$136.00$136.00
Total monthly$2,781.57$2,636.14
Cash to close$28,371$35,990