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$1,189,058$1,189,058$1,348,200
Remaining term (yrs)26.626.630.0
Secondary amount$0$159,142$0
Funding fee$5,945$5,945$0
Note rate6.39%6.39%7.18%
Blended rate6.39%6.58%7.42%
1st payment$7,747.88$7,747.88$9,133.18
2nd payment$0.00$1,060.95$0.00
Taxes / mo$255.17$255.17$255.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$269.64
HOA / mo$175.00$175.00$175.00
Total monthly$8,394.71$9,455.66$10,049.65
Cash to close$308,942$149,800$149,800