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$454,566$454,566$472,500
Remaining term (yrs)27.027.030.0
Secondary amount$0$44,184$0
Funding fee$0$0$0
Note rate7.29%7.29%7.18%
Blended rate7.84%8.197%7.42%
1st payment$3,209.84$3,209.84$3,200.88
2nd payment$0.00$437.24$0.00
Taxes / mo$142.42$142.42$142.42
Insurance / mo$166.67$166.67$166.67
MI / mo$214.80$214.80$94.50
HOA / mo$120.00$120.00$120.00
Total monthly$3,853.73$4,290.96$3,724.46
Cash to close$70,434$26,250$52,500