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$350,474$350,474$377,100
Remaining term (yrs)27.927.930.0
Secondary amount$0$26,626$0
Funding fee$1,752$1,752$0
Note rate6.35%6.35%7.18%
Blended rate6.35%6.537%7.42%
1st payment$2,233.83$2,233.83$2,554.61
2nd payment$0.00$199.70$0.00
Taxes / mo$142.58$142.58$142.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$75.42
HOA / mo$48.00$48.00$48.00
Total monthly$2,574.41$2,774.11$2,970.61
Cash to close$68,526$41,900$41,900