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
Assumable Loan + Second
Assumable · FHA
Current Market Conventional
New · Conventional
Loan amount$537,284$537,284$539,991
Remaining term (yrs)28.328.330.0
Secondary amount$0$32,707$0
Funding fee$0$0$0
Note rate6.930%6.930%7.240%
Blended rate7.480%7.732%7.480%
1st payment$3,606.01$3,606.01$3,680.03
2nd payment$0.00$323.66$0.00
Taxes / mo$165.42$165.42$165.42
Insurance / mo$166.67$166.67$166.67
MI / mo$250.19$250.19$108.00
HOA / mo$220.00$220.00$220.00
Total monthly$4,408.29$4,731.95$4,340.11
Cash to close$62,706$30,000$59,999