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$565,733$565,733$584,100
Remaining term (yrs)27.727.730.0
Secondary amount$0$50,817$0
Funding fee$2,829$2,829$0
Note rate4.25%4.25%7.18%
Blended rate4.25%4.878%7.42%
1st payment$2,891.36$2,891.36$3,956.90
2nd payment$0.00$502.87$0.00
Taxes / mo$22.58$22.58$22.58
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$116.82
HOA / mo$110.00$110.00$110.00
Total monthly$3,190.61$3,693.48$4,372.97
Cash to close$83,267$32,450$64,900