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$467,665$467,665$477,000
Remaining term (yrs)26.826.830.0
Secondary amount$0$35,835$0
Funding fee$0$0$0
Note rate6.78%6.78%7.18%
Blended rate7.33%7.653%7.42%
1st payment$3,153.32$3,153.32$3,231.36
2nd payment$0.00$354.62$0.00
Taxes / mo$159.50$159.50$159.50
Insurance / mo$166.67$166.67$166.67
MI / mo$222.15$222.15$95.40
HOA / mo$161.00$161.00$161.00
Total monthly$3,862.64$4,217.25$3,813.93
Cash to close$62,335$26,500$53,000