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$446,333$446,333$526,500
Remaining term (yrs)27.227.230.0
Secondary amount$0$80,167$0
Funding fee$2,232$2,232$0
Note rate6.82%6.82%7.18%
Blended rate6.82%7.152%7.42%
1st payment$3,004.99$3,004.99$3,566.69
2nd payment$0.00$601.26$0.00
Taxes / mo$168.08$168.08$168.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$105.30
HOA / mo$300.00$300.00$300.00
Total monthly$3,639.74$4,240.99$4,306.74
Cash to close$138,667$58,500$58,500