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$423,149$423,149$439,200
Remaining term (yrs)28.428.430.0
Secondary amount$0$40,451$0
Funding fee$2,116$2,116$0
Note rate6.76%6.76%7.18%
Blended rate6.76%7.206%7.42%
1st payment$2,792.67$2,792.67$2,975.29
2nd payment$0.00$400.30$0.00
Taxes / mo$237.17$237.17$237.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$87.84
HOA / mo$131.67$131.67$131.67
Total monthly$3,328.18$3,728.48$3,598.64
Cash to close$64,851$24,400$48,800