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$319,102$283,500
Remaining term (yrs)25.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.3%7.18%
Blended rate6.15%7.42%
1st payment$1,889.14$1,920.53
2nd payment$0.00$0.00
Taxes / mo$156.25$156.25
Insurance / mo$150.00$150.00
MI / mo$240.97$56.70
HOA / mo$142.00$142.00
Total monthly$2,578.37$2,425.48
Cash to close$0$31,500