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$422,533$412,200
Remaining term (yrs)27.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.880%7.320%
Blended rate7.430%7.560%
1st payment$2,852.45$2,831.53
2nd payment$0.00$0.00
Taxes / mo$135.25$135.25
Insurance / mo$166.67$166.67
MI / mo$198.91$82.44
HOA / mo$166.00$166.00
Total monthly$3,519.28$3,381.88
Cash to close$35,467$45,800