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$352,571$337,500
Remaining term (yrs)28.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.65%7.18%
Blended rate7.2%7.42%
1st payment$2,299.26$2,286.34
2nd payment$0.00$0.00
Taxes / mo$115.25$115.25
Insurance / mo$150.00$150.00
MI / mo$164.16$67.50
HOA / mo$61.33$61.33
Total monthly$2,790.00$2,680.42
Cash to close$22,429$37,500