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$2,037,805$2,037,805$3,149,100
Remaining term (yrs)29.029.030.0
Secondary amount$0$1,111,295$0
Funding fee$10,189$10,189$0
Note rate6.22%6.22%7.18%
Blended rate6.22%6.76%7.42%
1st payment$12,643.61$12,643.61$21,333.10
2nd payment$0.00$7,177.11$0.00
Taxes / mo$563.67$563.67$563.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$629.82
HOA / mo$0.00$0.00$0.00
Total monthly$13,423.94$20,601.05$22,743.25
Cash to close$1,461,195$349,900$349,900