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$658,587$658,587$1,545,749
Remaining term (yrs)24.624.630.0
Secondary amount$0$887,162$0
Funding fee$3,293$3,293$0
Note rate2.83%2.83%7.18%
Blended rate2.83%5.654%7.42%
1st payment$3,093.68$3,093.68$10,471.44
2nd payment$0.00$5,729.59$0.00
Taxes / mo$304.25$304.25$304.25
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$309.15
HOA / mo$77.25$77.25$77.25
Total monthly$3,691.85$9,421.44$11,378.76
Cash to close$1,058,912$171,750$171,750