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$1,315,733$1,315,733$1,889,100
Remaining term (yrs)29.329.330.0
Secondary amount$0$573,367$0
Funding fee$6,579$6,579$0
Note rate6.06%6.06%7.18%
Blended rate6.06%6.573%7.42%
1st payment$7,995.23$7,995.23$12,797.42
2nd payment$0.00$3,703.00$0.00
Taxes / mo$311.92$311.92$311.92
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$377.82
HOA / mo$0.00$0.00$0.00
Total monthly$8,523.81$12,226.81$13,703.82
Cash to close$783,267$209,900$209,900