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
Current Market Conventional
New · Conventional
Loan amount$421,978$422,910
Remaining term (yrs)28.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.86%7.18%
Blended rate7.41%7.42%
1st payment$2,804.77$2,864.94
2nd payment$0.00$0.00
Taxes / mo$164.25$164.25
Insurance / mo$166.67$166.67
MI / mo$195.99$84.58
HOA / mo$83.00$83.00
Total monthly$3,414.67$3,363.44
Cash to close$47,922$46,990