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$527,918$527,918$742,410
Remaining term (yrs)28.628.630.0
Secondary amount$0$214,492$0
Funding fee$2,640$2,640$0
Note rate6.76%6.76%7.18%
Blended rate6.76%7.046%7.42%
1st payment$3,474.17$3,474.17$5,029.34
2nd payment$0.00$1,385.26$0.00
Taxes / mo$286.42$286.42$286.42
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$148.48
HOA / mo$25.50$25.50$25.50
Total monthly$4,002.75$5,388.01$5,706.41
Cash to close$296,982$82,490$82,490