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$316,956$285,300
Remaining term (yrs)29.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.15%7.18%
Blended rate6.7%7.42%
1st payment$1,944.35$1,932.72
2nd payment$0.00$0.00
Taxes / mo$85.08$85.08
Insurance / mo$150.00$150.00
MI / mo$146.28$57.06
HOA / mo$25.00$25.00
Total monthly$2,350.71$2,249.86
Cash to close$44$31,700