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$351,343$351,343$358,470
Remaining term (yrs)28.628.630.0
Secondary amount$0$27,042$0
Funding fee$1,757$1,757$0
Note rate6.89%6.89%7.18%
Blended rate6.89%7.246%7.42%
1st payment$2,342.24$2,342.24$2,428.40
2nd payment$0.00$267.61$0.00
Taxes / mo$130.75$130.75$130.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.69
HOA / mo$96.00$96.00$96.00
Total monthly$2,718.99$2,986.59$2,876.84
Cash to close$46,957$19,915$39,830