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$383,238$324,000
Remaining term (yrs)25.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.100%7.400%
Blended rate5.950%7.640%
1st payment$2,233.75$2,243.31
2nd payment$0.00$0.00
Taxes / mo$115.08$115.08
Insurance / mo$150.00$150.00
MI / mo$291.42$64.80
HOA / mo$0.00$0.00
Total monthly$2,790.25$2,573.19
Cash to close$0$36,000