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$632,841$632,841$719,100
Remaining term (yrs)29.129.130.0
Secondary amount$0$86,259$0
Funding fee$3,164$3,164$0
Note rate6.19%6.19%7.18%
Blended rate6.19%6.527%7.42%
1st payment$3,910.27$3,910.27$4,871.43
2nd payment$0.00$646.94$0.00
Taxes / mo$316.75$316.75$316.75
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$143.82
HOA / mo$164.67$164.67$164.67
Total monthly$4,608.35$5,255.30$5,713.34
Cash to close$166,159$79,900$79,900