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$546,798$546,798$729,000
Remaining term (yrs)25.325.330.0
Secondary amount$0$182,202$0
Funding fee$2,734$2,734$0
Note rate3.22%3.22%7.18%
Blended rate3.22%4.415%7.42%
1st payment$2,627.64$2,627.64$4,938.50
2nd payment$0.00$1,214.68$0.00
Taxes / mo$166.17$166.17$166.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$145.80
HOA / mo$0.00$0.00$0.00
Total monthly$3,010.48$4,225.16$5,467.13
Cash to close$263,202$81,000$81,000