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$545,610$545,610$585,000
Remaining term (yrs)27.627.630.0
Secondary amount$0$39,390$0
Funding fee$2,728$2,728$0
Note rate6.82%6.82%7.18%
Blended rate6.82%6.967%7.42%
1st payment$3,658.24$3,658.24$3,962.99
2nd payment$0.00$295.43$0.00
Taxes / mo$166.17$166.17$166.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$117.00
HOA / mo$0.00$0.00$0.00
Total monthly$3,991.08$4,286.50$4,412.83
Cash to close$104,390$65,000$65,000