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$399,611$399,611$413,991
Remaining term (yrs)26.226.230.0
Secondary amount$0$37,379$0
Funding fee$0$0$0
Note rate6.81%6.81%7.18%
Blended rate7.66%8.021%7.42%
1st payment$2,723.28$2,723.28$2,804.52
2nd payment$0.00$369.90$0.00
Taxes / mo$198.42$198.42$198.42
Insurance / mo$166.67$166.67$166.67
MI / mo$295.59$295.59$82.80
HOA / mo$90.00$90.00$90.00
Total monthly$3,473.95$3,843.85$3,342.40
Cash to close$60,379$23,000$45,999