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$300,053$301,500
Remaining term (yrs)27.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.6%7.18%
Blended rate7.15%7.42%
1st payment$1,975.33$2,042.47
2nd payment$0.00$0.00
Taxes / mo$146.33$146.33
Insurance / mo$150.00$150.00
MI / mo$141.76$60.30
HOA / mo$84.00$84.00
Total monthly$2,497.43$2,483.10
Cash to close$34,947$33,500