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$386,440$386,440$400,500
Remaining term (yrs)26.226.230.0
Secondary amount$0$36,310$0
Funding fee$0$0$0
Note rate6.36%6.36%7.18%
Blended rate7.21%7.611%7.42%
1st payment$2,522.88$2,522.88$2,713.13
2nd payment$0.00$359.32$0.00
Taxes / mo$46.33$46.33$46.33
Insurance / mo$150.00$150.00$150.00
MI / mo$286.89$286.89$80.10
HOA / mo$0.00$0.00$0.00
Total monthly$3,006.10$3,365.42$2,989.56
Cash to close$58,560$22,250$44,500