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
Current Market Conventional
New · Conventional
Loan amount$256,883$211,500
Remaining term (yrs)26.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.61%7.18%
Blended rate7.46%7.42%
1st payment$1,719.78$1,432.77
2nd payment$0.00$0.00
Taxes / mo$55.17$55.17
Insurance / mo$150.00$150.00
MI / mo$190.54$42.30
HOA / mo$0.00$0.00
Total monthly$2,115.48$1,680.24
Cash to close$0$23,500