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$223,988$223,988$377,100
Remaining term (yrs)10.110.130.0
Secondary amount$0$153,112$0
Funding fee$0$0$0
Note rate6.53%6.53%7.18%
Blended rate7.38%7.632%7.42%
1st payment$2,502.72$2,502.72$2,554.61
2nd payment$0.00$1,020.75$0.00
Taxes / mo$58.67$58.67$58.67
Insurance / mo$150.00$150.00$150.00
MI / mo$279.60$279.60$75.42
HOA / mo$64.67$64.67$64.67
Total monthly$3,055.66$4,076.41$2,903.36
Cash to close$195,012$41,900$41,900