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$476,323$476,323$503,100
Remaining term (yrs)26.526.530.0
Secondary amount$0$26,777$0
Funding fee$2,382$2,382$0
Note rate6.65%6.65%7.18%
Blended rate6.65%6.775%7.42%
1st payment$3,186.20$3,186.20$3,408.17
2nd payment$0.00$200.83$0.00
Taxes / mo$105.25$105.25$105.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$100.62
HOA / mo$0.00$0.00$0.00
Total monthly$3,458.12$3,658.94$3,780.71
Cash to close$82,677$55,900$55,900