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$703,229$703,229$720,000
Remaining term (yrs)29.229.230.0
Secondary amount$0$56,771$0
Funding fee$3,516$3,516$0
Note rate6.21%6.21%7.18%
Blended rate6.21%6.633%7.42%
1st payment$4,345.47$4,345.47$4,877.53
2nd payment$0.00$561.79$0.00
Taxes / mo$197.00$197.00$197.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$144.00
HOA / mo$65.00$65.00$65.00
Total monthly$4,824.14$5,385.93$5,500.20
Cash to close$96,771$40,000$80,000