Elevate48
Call Ashlea

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$250,087$252,000
Remaining term (yrs)27.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.74%7.18%
Blended rate7.29%7.42%
1st payment$1,665.51$1,707.14
2nd payment$0.00$0.00
Taxes / mo$89.08$89.08
Insurance / mo$150.00$150.00
MI / mo$117.81$50.40
HOA / mo$38.33$38.33
Total monthly$2,060.74$2,034.95
Cash to close$29,913$28,000