Elevate48
Call Ashlea

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$302,173$261,000
Remaining term (yrs)26.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.270%7.320%
Blended rate6.820%7.560%
1st payment$1,950.81$1,792.89
2nd payment$0.00$0.00
Taxes / mo$68.00$68.00
Insurance / mo$150.00$150.00
MI / mo$223.95$52.20
HOA / mo$0.00$0.00
Total monthly$2,392.76$2,063.09
Cash to close$0$29,000