Elevate48
Call Jeremy

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$346,246$332,550
Remaining term (yrs)26.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.810%7.400%
Blended rate7.360%7.640%
1st payment$2,338.81$2,302.51
2nd payment$0.00$0.00
Taxes / mo$108.50$108.50
Insurance / mo$150.00$150.00
MI / mo$164.26$66.51
HOA / mo$78.00$78.00
Total monthly$2,839.57$2,705.52
Cash to close$23,254$36,950