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$251,972$161,100
Remaining term (yrs)25.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.75%7.18%
Blended rate7.6%7.42%
1st payment$1,719.49$1,091.35
2nd payment$0.00$0.00
Taxes / mo$55.25$55.25
Insurance / mo$150.00$150.00
MI / mo$187.79$32.22
HOA / mo$240.00$240.00
Total monthly$2,352.53$1,568.82
Cash to close$0$17,900