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$439,145$439,145$449,910
Remaining term (yrs)27.727.730.0
Secondary amount$0$35,760$0
Funding fee$2,196$2,196$0
Note rate6.73%6.73%7.18%
Blended rate6.73%7.117%7.42%
1st payment$2,912.71$2,912.71$3,047.85
2nd payment$0.00$353.87$0.00
Taxes / mo$282.67$282.67$282.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$89.98
HOA / mo$95.00$95.00$95.00
Total monthly$3,457.04$3,810.92$3,682.16
Cash to close$60,755$24,995$49,990