Elevate48
Call Martin

Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · VA
Assumable Loan + Second
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$663,708$663,708$764,910
Remaining term (yrs)24.924.930.0
Secondary amount$0$101,202$0
Funding fee$3,319$3,319$0
Note rate2.76%2.76%7.18%
Blended rate2.76%3.453%7.42%
1st payment$3,065.15$3,065.15$5,181.77
2nd payment$0.00$674.68$0.00
Taxes / mo$243.67$243.67$243.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$152.98
HOA / mo$90.00$90.00$90.00
Total monthly$3,615.49$4,290.17$5,885.08
Cash to close$186,192$84,990$84,990