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$323,726$303,210
Remaining term (yrs)26.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.390%7.320%
Blended rate6.940%7.560%
1st payment$2,104.42$2,082.84
2nd payment$0.00$0.00
Taxes / mo$61.83$61.83
Insurance / mo$150.00$150.00
MI / mo$154.36$60.64
HOA / mo$0.00$0.00
Total monthly$2,470.61$2,355.32
Cash to close$13,174$33,690