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$571,978$571,978$692,999
Remaining term (yrs)29.229.230.0
Secondary amount$0$121,021$0
Funding fee$2,860$2,860$0
Note rate6.26%6.26%7.18%
Blended rate6.26%6.564%7.42%
1st payment$3,556.44$3,556.44$4,694.62
2nd payment$0.00$806.81$0.00
Taxes / mo$216.17$216.17$216.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$138.60
HOA / mo$27.50$27.50$27.50
Total monthly$4,016.78$4,823.58$5,293.55
Cash to close$198,021$77,000$77,000