Elevate48
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

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$404,561$402,300
Remaining term (yrs)25.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate3.45%7.18%
Blended rate4.3%7.42%
1st payment$1,993.69$2,725.32
2nd payment$0.00$0.00
Taxes / mo$168.70$168.70
Insurance / mo$150.00$150.00
MI / mo$316.45$80.46
HOA / mo$0.00$0.00
Total monthly$2,628.85$3,124.48
Cash to close$42,439$44,700