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$112,378$112,378$877,500
Remaining term (yrs)0.10.130.0
Secondary amount$0$765,122$0
Funding fee$0$0$0
Note rate6.56%6.56%7.18%
Blended rate7.11%7.668%7.42%
1st payment$56,650.15$56,650.15$5,944.49
2nd payment$0.00$4,941.41$0.00
Taxes / mo$396.17$396.17$396.17
Insurance / mo$216.67$216.67$216.67
MI / mo$300.78$300.78$175.50
HOA / mo$0.00$0.00$0.00
Total monthly$57,563.76$62,505.18$6,732.82
Cash to close$862,622$97,500$97,500