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$294,312$294,312$308,520
Remaining term (yrs)26.126.130.0
Secondary amount$0$31,348$0
Funding fee$0$0$0
Note rate6.81%6.81%7.18%
Blended rate7.66%8.066%7.42%
1st payment$2,007.97$2,007.97$2,090.02
2nd payment$0.00$310.21$0.00
Taxes / mo$77.58$77.58$77.58
Insurance / mo$150.00$150.00$150.00
MI / mo$217.95$217.95$61.70
HOA / mo$78.67$78.67$78.67
Total monthly$2,532.17$2,842.39$2,457.98
Cash to close$48,488$17,140$34,280