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$474,065$474,065$485,910
Remaining term (yrs)26.826.830.0
Secondary amount$0$38,840$0
Funding fee$0$0$0
Note rate6.9%6.9%7.18%
Blended rate7.45%7.785%7.42%
1st payment$3,233.29$3,233.29$3,291.72
2nd payment$0.00$384.35$0.00
Taxes / mo$167.25$167.25$167.25
Insurance / mo$166.67$166.67$166.67
MI / mo$225.01$225.01$97.18
HOA / mo$110.00$110.00$110.00
Total monthly$3,902.21$4,286.57$3,832.82
Cash to close$65,835$26,995$53,990