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$541,903$541,903$593,100
Remaining term (yrs)27.827.830.0
Secondary amount$0$51,197$0
Funding fee$2,710$2,710$0
Note rate6.85%6.85%7.18%
Blended rate6.85%7.036%7.42%
1st payment$3,633.04$3,633.04$4,017.87
2nd payment$0.00$383.98$0.00
Taxes / mo$290.25$290.25$290.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$118.62
HOA / mo$178.67$178.67$178.67
Total monthly$4,268.63$4,652.60$4,772.07
Cash to close$117,097$65,900$65,900