Elevate48
Call Martin

Comparison

Side-by-side payments and cash to close

Lowest monthly: Current Market Conventional

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$451,481$414,000
Remaining term (yrs)28.130.0
Secondary amount$0$0
Funding fee$2,257$0
Note rate6.5%7.18%
Blended rate6.5%7.42%
1st payment$2,912.05$2,804.58
2nd payment$0.00$0.00
Taxes / mo$303.33$303.33
Insurance / mo$166.67$166.67
MI / mo$0.00$82.80
HOA / mo$130.00$130.00
Total monthly$3,512.05$3,487.38
Cash to close$8,519$46,000