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$890,589$890,589$1,259,100
Remaining term (yrs)28.328.330.0
Secondary amount$0$368,511$0
Funding fee$4,453$4,453$0
Note rate6.5%6.5%7.18%
Blended rate6.5%6.866%7.42%
1st payment$5,732.54$5,732.54$8,529.58
2nd payment$0.00$2,379.97$0.00
Taxes / mo$297.00$297.00$297.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$251.82
HOA / mo$0.00$0.00$0.00
Total monthly$6,246.21$8,626.18$9,295.07
Cash to close$508,411$139,900$139,900