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$732,189$732,189$990,000
Remaining term (yrs)27.627.630.0
Secondary amount$0$257,811$0
Funding fee$3,661$3,661$0
Note rate7.09%7.09%7.18%
Blended rate7.09%7.262%7.42%
1st payment$5,033.89$5,033.89$6,706.60
2nd payment$0.00$1,665.03$0.00
Taxes / mo$386.67$386.67$386.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$198.00
HOA / mo$132.00$132.00$132.00
Total monthly$5,769.22$7,434.25$7,639.94
Cash to close$367,811$110,000$110,000