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$593,474$360,000
Remaining term (yrs)25.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate4.14%7.18%
Blended rate4.99%7.42%
1st payment$3,131.61$2,438.77
2nd payment$0.00$0.00
Taxes / mo$123.50$123.50
Insurance / mo$150.00$150.00
MI / mo$456.88$72.00
HOA / mo$45.33$45.33
Total monthly$3,907.32$2,829.60
Cash to close$0$40,000