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$549,172$549,172$611,910
Remaining term (yrs)25.425.430.0
Secondary amount$0$62,738$0
Funding fee$2,746$2,746$0
Note rate3.69%3.69%7.18%
Blended rate3.69%4.234%7.42%
1st payment$2,772.10$2,772.10$4,145.29
2nd payment$0.00$470.53$0.00
Taxes / mo$199.83$199.83$199.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$122.38
HOA / mo$110.00$110.00$110.00
Total monthly$3,248.60$3,719.13$4,744.17
Cash to close$130,728$67,990$67,990