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$357,678$355,500
Remaining term (yrs)26.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.500%7.320%
Blended rate7.050%7.560%
1st payment$2,358.35$2,442.04
2nd payment$0.00$0.00
Taxes / mo$147.83$147.83
Insurance / mo$150.00$150.00
MI / mo$171.01$71.10
HOA / mo$0.00$0.00
Total monthly$2,827.20$2,810.97
Cash to close$37,322$39,500