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
Current Market Conventional
New · Conventional
Loan amount$489,193$400,500
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.5%7.18%
Blended rate7.05%7.42%
1st payment$3,165.16$2,713.13
2nd payment$0.00$0.00
Taxes / mo$127.25$127.25
Insurance / mo$150.00$150.00
MI / mo$229.52$80.10
HOA / mo$125.00$125.00
Total monthly$3,796.92$3,195.48
Cash to close$0$44,500