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$859,632$859,632$1,124,999
Remaining term (yrs)27.927.930.0
Secondary amount$0$265,367$0
Funding fee$4,298$4,298$0
Note rate6.49%6.49%7.18%
Blended rate6.49%6.787%7.42%
1st payment$5,556.41$5,556.41$7,621.14
2nd payment$0.00$1,713.83$0.00
Taxes / mo$390.67$390.67$390.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$225.00
HOA / mo$0.00$0.00$0.00
Total monthly$6,163.75$7,877.58$8,453.47
Cash to close$390,367$125,000$125,000