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$634,639$634,639$652,410
Remaining term (yrs)28.528.530.0
Secondary amount$0$54,016$0
Funding fee$3,173$3,173$0
Note rate6.65%6.65%7.18%
Blended rate6.65%7.06%7.42%
1st payment$4,138.75$4,138.75$4,419.65
2nd payment$0.00$534.54$0.00
Taxes / mo$220.33$220.33$220.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$130.48
HOA / mo$148.00$148.00$148.00
Total monthly$4,723.75$5,258.28$5,135.13
Cash to close$90,261$36,245$72,490