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$383,076$383,076$390,600
Remaining term (yrs)25.625.630.0
Secondary amount$0$29,224$0
Funding fee$1,915$1,915$0
Note rate4.16%4.16%7.18%
Blended rate4.16%4.707%7.42%
1st payment$2,025.69$2,025.69$2,646.06
2nd payment$0.00$289.19$0.00
Taxes / mo$195.67$195.67$195.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$78.12
HOA / mo$0.00$0.00$0.00
Total monthly$2,371.36$2,660.55$3,069.85
Cash to close$50,924$21,700$43,400