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$527,339$527,339$805,500
Remaining term (yrs)24.224.230.0
Secondary amount$0$278,161$0
Funding fee$2,637$2,637$0
Note rate2.77%2.77%7.18%
Blended rate2.77%4.49%7.42%
1st payment$2,484.46$2,484.46$5,456.74
2nd payment$0.00$1,796.46$0.00
Taxes / mo$410.92$410.92$410.92
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$161.10
HOA / mo$0.00$0.00$0.00
Total monthly$3,112.04$4,908.50$6,245.42
Cash to close$367,661$89,500$89,500