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$803,840$803,840$832,410
Remaining term (yrs)26.626.630.0
Secondary amount$0$28,570$0
Funding fee$4,019$4,019$0
Note rate6.12%6.12%7.18%
Blended rate6.12%6.219%7.42%
1st payment$5,101.21$5,101.21$5,639.04
2nd payment$0.00$214.27$0.00
Taxes / mo$302.00$302.00$302.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$166.48
HOA / mo$141.00$141.00$141.00
Total monthly$5,760.88$5,975.15$6,465.18
Cash to close$121,060$92,490$92,490