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$329,762$279,000
Remaining term (yrs)28.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.89%7.18%
Blended rate7.44%7.42%
1st payment$2,204.52$1,890.04
2nd payment$0.00$0.00
Taxes / mo$70.42$70.42
Insurance / mo$150.00$150.00
MI / mo$153.57$55.80
HOA / mo$86.33$86.33
Total monthly$2,664.84$2,252.59
Cash to close$0$31,000