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$313,597$310,500
Remaining term (yrs)26.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.27%7.18%
Blended rate7.12%7.42%
1st payment$2,029.57$2,103.44
2nd payment$0.00$0.00
Taxes / mo$71.58$71.58
Insurance / mo$150.00$150.00
MI / mo$150.76$62.10
HOA / mo$69.00$69.00
Total monthly$2,470.92$2,456.12
Cash to close$31,403$34,500