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$417,885$417,885$442,800
Remaining term (yrs)25.625.630.0
Secondary amount$0$49,515$0
Funding fee$2,089$2,089$0
Note rate4.67%4.67%7.18%
Blended rate4.67%5.433%7.42%
1st payment$2,330.93$2,330.93$2,999.68
2nd payment$0.00$489.99$0.00
Taxes / mo$133.25$133.25$133.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$88.56
HOA / mo$0.00$0.00$0.00
Total monthly$2,630.85$3,120.84$3,388.16
Cash to close$74,115$24,600$49,200