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$468,112$468,112$652,500
Remaining term (yrs)27.927.930.0
Secondary amount$0$184,388$0
Funding fee$2,341$2,341$0
Note rate6.35%6.35%7.18%
Blended rate6.35%6.816%7.42%
1st payment$2,983.62$2,983.62$4,420.26
2nd payment$0.00$1,229.25$0.00
Taxes / mo$352.25$352.25$352.25
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$130.50
HOA / mo$97.17$97.17$97.17
Total monthly$3,649.71$4,878.96$5,216.85
Cash to close$256,888$72,500$72,500