Elevate48
Call Ashlea

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
Current Market Conventional
New · Conventional
Loan amount$321,677$306,000
Remaining term (yrs)27.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.77%7.18%
Blended rate7.32%7.42%
1st payment$2,144.14$2,072.95
2nd payment$0.00$0.00
Taxes / mo$185.79$185.79
Insurance / mo$150.00$150.00
MI / mo$151.21$61.20
HOA / mo$150.00$150.00
Total monthly$2,781.13$2,619.94
Cash to close$18,323$34,000