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$733,091$733,091$1,012,500
Remaining term (yrs)28.628.630.0
Secondary amount$0$279,409$0
Funding fee$3,665$3,665$0
Note rate6.76%6.76%7.18%
Blended rate6.76%7.033%7.42%
1st payment$4,828.96$4,828.96$6,859.03
2nd payment$0.00$1,804.52$0.00
Taxes / mo$346.00$346.00$346.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$202.50
HOA / mo$135.00$135.00$135.00
Total monthly$5,526.62$7,331.14$7,759.19
Cash to close$391,909$112,500$112,500