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$396,468$396,000
Remaining term (yrs)26.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.81%7.18%
Blended rate7.36%7.42%
1st payment$2,680.94$2,682.64
2nd payment$0.00$0.00
Taxes / mo$126.17$126.17
Insurance / mo$150.00$150.00
MI / mo$188.29$79.20
HOA / mo$60.00$60.00
Total monthly$3,205.40$3,098.01
Cash to close$43,532$44,000