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$367,993$367,993$382,500
Remaining term (yrs)27.127.130.0
Secondary amount$0$35,757$0
Funding fee$0$0$0
Note rate7.79%7.79%7.18%
Blended rate8.34%8.653%7.42%
1st payment$2,718.68$2,718.68$2,591.19
2nd payment$0.00$353.84$0.00
Taxes / mo$104.42$104.42$104.42
Insurance / mo$150.00$150.00$150.00
MI / mo$173.26$173.26$76.50
HOA / mo$0.00$0.00$0.00
Total monthly$3,146.36$3,500.20$2,922.10
Cash to close$57,007$21,250$42,500