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$368,073$368,073$373,500
Remaining term (yrs)26.726.730.0
Secondary amount$0$26,177$0
Funding fee$1,840$1,840$0
Note rate6.57%6.57%7.18%
Blended rate6.57%6.922%7.42%
1st payment$2,434.89$2,434.89$2,530.22
2nd payment$0.00$259.04$0.00
Taxes / mo$100.92$100.92$100.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$74.70
HOA / mo$100.00$100.00$100.00
Total monthly$2,785.80$3,044.85$2,955.84
Cash to close$46,927$20,750$41,500