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$360,847$351,000
Remaining term (yrs)28.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.5%7.18%
Blended rate7.05%7.42%
1st payment$2,308.83$2,377.80
2nd payment$0.00$0.00
Taxes / mo$17.58$17.58
Insurance / mo$150.00$150.00
MI / mo$167.42$70.20
HOA / mo$62.00$62.00
Total monthly$2,705.83$2,677.58
Cash to close$29,153$39,000