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$927,164$927,164$1,048,500
Remaining term (yrs)25.625.630.0
Secondary amount$0$121,336$0
Funding fee$4,636$4,636$0
Note rate4.72%4.72%7.18%
Blended rate4.72%5.1%7.42%
1st payment$5,198.41$5,198.41$7,102.90
2nd payment$0.00$808.91$0.00
Taxes / mo$426.58$426.58$426.58
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$209.70
HOA / mo$181.00$181.00$181.00
Total monthly$6,022.66$6,831.56$8,136.85
Cash to close$237,836$116,500$116,500