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$386,801$386,801$395,941
Remaining term (yrs)27.527.530.0
Secondary amount$0$31,136$0
Funding fee$1,934$1,934$0
Note rate6.94%6.94%7.18%
Blended rate6.94%7.308%7.42%
1st payment$2,626.40$2,626.40$2,682.24
2nd payment$0.00$308.12$0.00
Taxes / mo$161.42$161.42$161.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$79.19
HOA / mo$263.00$263.00$263.00
Total monthly$3,200.81$3,508.93$3,335.84
Cash to close$53,133$21,997$43,993