Elevate48
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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
Assumable Loan + Second
Assumable · FHA
Current Market Conventional
New · Conventional
Loan amount$456,286$456,286$458,909
Remaining term (yrs)26.826.830.0
Secondary amount$0$28,118$0
Funding fee$0$0$0
Note rate6.810%6.810%7.320%
Blended rate7.360%7.622%7.560%
1st payment$3,082.10$3,082.10$3,152.39
2nd payment$0.00$278.25$0.00
Taxes / mo$157.33$157.33$157.33
Insurance / mo$166.67$166.67$166.67
MI / mo$216.46$216.46$91.78
HOA / mo$22.33$22.33$22.33
Total monthly$3,644.90$3,923.15$3,590.50
Cash to close$53,613$25,495$50,990