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$667,461$667,461$686,700
Remaining term (yrs)25.125.130.0
Secondary amount$0$57,389$0
Funding fee$3,337$3,337$0
Note rate2.88%2.88%7.18%
Blended rate2.88%3.592%7.42%
1st payment$3,109.55$3,109.55$4,651.94
2nd payment$0.00$567.91$0.00
Taxes / mo$342.75$342.75$342.75
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$137.34
HOA / mo$0.00$0.00$0.00
Total monthly$3,668.96$4,236.87$5,348.70
Cash to close$95,539$38,150$76,300