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$445,165$445,165$449,910
Remaining term (yrs)25.325.330.0
Secondary amount$0$29,740$0
Funding fee$2,226$2,226$0
Note rate3.11%3.11%7.18%
Blended rate3.11%3.659%7.42%
1st payment$2,113.43$2,113.43$3,047.85
2nd payment$0.00$294.31$0.00
Taxes / mo$235.08$235.08$235.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$89.98
HOA / mo$158.00$158.00$158.00
Total monthly$2,673.18$2,967.48$3,697.58
Cash to close$54,735$24,995$49,990