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$472,852$472,852$490,950
Remaining term (yrs)28.328.330.0
Secondary amount$0$45,373$0
Funding fee$2,364$2,364$0
Note rate6.5%6.5%7.18%
Blended rate6.5%6.971%7.42%
1st payment$3,043.65$3,043.65$3,325.87
2nd payment$0.00$449.00$0.00
Taxes / mo$123.75$123.75$123.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$98.19
HOA / mo$0.00$0.00$0.00
Total monthly$3,334.07$3,783.07$3,714.47
Cash to close$72,648$27,275$54,550