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$452,914$452,914$702,000
Remaining term (yrs)24.524.530.0
Secondary amount$0$249,086$0
Funding fee$2,265$2,265$0
Note rate2.67%2.67%7.18%
Blended rate2.67%4.473%7.42%
1st payment$2,095.54$2,095.54$4,755.59
2nd payment$0.00$1,608.68$0.00
Taxes / mo$263.42$263.42$263.42
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$140.40
HOA / mo$117.00$117.00$117.00
Total monthly$2,692.63$4,301.31$5,493.08
Cash to close$327,086$78,000$78,000