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
Assumable Loan + Second
Assumable · FHA
Current Market Conventional
New · Conventional
Loan amount$476,009$476,009$476,100
Remaining term (yrs)28.228.230.0
Secondary amount$0$26,541$0
Funding fee$0$0$0
Note rate6.72%6.72%7.18%
Blended rate7.27%7.513%7.42%
1st payment$3,135.19$3,135.19$3,225.27
2nd payment$0.00$262.64$0.00
Taxes / mo$158.42$158.42$158.42
Insurance / mo$166.67$166.67$166.67
MI / mo$222.23$222.23$95.22
HOA / mo$320.00$320.00$320.00
Total monthly$4,002.51$4,265.15$3,965.57
Cash to close$52,991$26,450$52,900