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$623,608$623,608$963,000
Remaining term (yrs)25.425.430.0
Secondary amount$0$339,392$0
Funding fee$3,118$3,118$0
Note rate3.51%3.51%7.18%
Blended rate3.51%5.004%7.42%
1st payment$3,087.02$3,087.02$6,523.70
2nd payment$0.00$2,191.91$0.00
Taxes / mo$359.25$359.25$359.25
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$192.60
HOA / mo$55.00$55.00$55.00
Total monthly$3,717.94$5,909.84$7,347.21
Cash to close$446,392$107,000$107,000