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$362,560$362,560$413,100
Remaining term (yrs)26.226.230.0
Secondary amount$0$50,540$0
Funding fee$1,813$1,813$0
Note rate6.36%6.36%7.18%
Blended rate6.36%6.683%7.42%
1st payment$2,366.98$2,366.98$2,798.48
2nd payment$0.00$379.05$0.00
Taxes / mo$73.50$73.50$73.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$82.62
HOA / mo$0.00$0.00$0.00
Total monthly$2,607.15$2,986.19$3,121.27
Cash to close$96,440$45,900$45,900