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$317,051$317,051$328,410
Remaining term (yrs)27.127.130.0
Secondary amount$0$29,604$0
Funding fee$0$0$0
Note rate7.44%7.44%7.18%
Blended rate7.99%8.322%7.42%
1st payment$2,265.96$2,265.96$2,224.76
2nd payment$0.00$292.96$0.00
Taxes / mo$44.33$44.33$44.33
Insurance / mo$150.00$150.00$150.00
MI / mo$149.41$149.41$65.68
HOA / mo$0.00$0.00$0.00
Total monthly$2,609.71$2,902.67$2,484.78
Cash to close$47,849$18,245$36,490