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$640,817$640,817$719,991
Remaining term (yrs)28.828.830.0
Secondary amount$0$79,174$0
Funding fee$3,204$3,204$0
Note rate6.87%6.87%7.18%
Blended rate6.87%7.104%7.42%
1st payment$4,255.73$4,255.73$4,877.47
2nd payment$0.00$593.81$0.00
Taxes / mo$46.42$46.42$46.42
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$144.00
HOA / mo$143.00$143.00$143.00
Total monthly$4,661.81$5,255.62$5,427.55
Cash to close$159,173$79,999$79,999