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$539,124$539,124$629,100
Remaining term (yrs)28.728.730.0
Secondary amount$0$89,976$0
Funding fee$2,696$2,696$0
Note rate6.72%6.72%7.18%
Blended rate6.72%7.046%7.42%
1st payment$3,530.40$3,530.40$4,261.74
2nd payment$0.00$674.82$0.00
Taxes / mo$246.33$246.33$246.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$125.82
HOA / mo$0.00$0.00$0.00
Total monthly$3,943.40$4,618.22$4,800.56
Cash to close$159,876$69,900$69,900