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$747,589$747,589$808,200
Remaining term (yrs)26.026.030.0
Secondary amount$0$60,611$0
Funding fee$3,738$3,738$0
Note rate6.02%6.02%7.18%
Blended rate6.02%6.243%7.42%
1st payment$4,740.26$4,740.26$5,475.03
2nd payment$0.00$454.58$0.00
Taxes / mo$222.25$222.25$222.25
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$161.64
HOA / mo$149.00$149.00$149.00
Total monthly$5,328.17$5,782.76$6,224.58
Cash to close$150,411$89,800$89,800