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$311,941$214,999
Remaining term (yrs)25.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.22%7.18%
Blended rate6.07%7.42%
1st payment$1,831.88$1,456.48
2nd payment$0.00$0.00
Taxes / mo$158.00$158.00
Insurance / mo$150.00$150.00
MI / mo$235.78$43.00
HOA / mo$76.00$76.00
Total monthly$2,451.65$1,883.48
Cash to close$0$23,889