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$421,236$414,000
Remaining term (yrs)28.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.04%7.18%
Blended rate7.59%7.42%
1st payment$2,860.43$2,804.58
2nd payment$0.00$0.00
Taxes / mo$146.42$146.42
Insurance / mo$166.67$166.67
MI / mo$196.26$82.80
HOA / mo$101.00$101.00
Total monthly$3,470.78$3,301.46
Cash to close$38,764$46,000