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$475,755$475,755$476,100
Remaining term (yrs)28.528.530.0
Secondary amount$0$26,795$0
Funding fee$0$0$0
Note rate6.64%6.64%7.18%
Blended rate7.19%7.44%7.42%
1st payment$3,099.49$3,099.49$3,225.27
2nd payment$0.00$265.16$0.00
Taxes / mo$178.33$178.33$178.33
Insurance / mo$166.67$166.67$166.67
MI / mo$221.52$221.52$95.22
HOA / mo$168.00$168.00$168.00
Total monthly$3,834.01$4,099.17$3,833.49
Cash to close$53,245$26,450$52,900