Elevate48
Call Martin

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 · VA
Current Market Conventional
New · Conventional
Loan amount$694,798$540,000
Remaining term (yrs)26.930.0
Secondary amount$0$0
Funding fee$3,474$0
Note rate7.07%7.18%
Blended rate7.07%7.42%
1st payment$4,810.67$3,658.15
2nd payment$0.00$0.00
Taxes / mo$297.50$297.50
Insurance / mo$166.67$166.67
MI / mo$0.00$108.00
HOA / mo$89.00$89.00
Total monthly$5,363.84$4,319.31
Cash to close$0$60,000