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$600,776$600,776$607,500
Remaining term (yrs)27.827.830.0
Secondary amount$0$40,474$0
Funding fee$3,004$3,004$0
Note rate6.73%6.73%7.18%
Blended rate6.73%7.055%7.42%
1st payment$3,980.71$3,980.71$4,115.42
2nd payment$0.00$400.52$0.00
Taxes / mo$238.75$238.75$238.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$121.50
HOA / mo$330.00$330.00$330.00
Total monthly$4,716.12$5,116.64$4,972.33
Cash to close$74,224$33,750$67,500