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$909,163$909,163$1,192,500
Remaining term (yrs)28.828.830.0
Secondary amount$0$283,337$0
Funding fee$4,546$4,546$0
Note rate6.72%6.72%7.18%
Blended rate6.72%6.965%7.42%
1st payment$5,947.96$5,947.96$8,078.41
2nd payment$0.00$1,829.88$0.00
Taxes / mo$358.92$358.92$358.92
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$238.50
HOA / mo$103.00$103.00$103.00
Total monthly$6,626.54$8,456.43$8,995.49
Cash to close$415,837$132,500$132,500