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
Current Market Conventional
New · Conventional
Loan amount$416,403$414,000
Remaining term (yrs)27.130.0
Secondary amount$0$0
Funding fee$2,082$0
Note rate7.03%7.18%
Blended rate7.03%7.42%
1st payment$2,863.40$2,804.58
2nd payment$0.00$0.00
Taxes / mo$245.08$245.08
Insurance / mo$166.67$166.67
MI / mo$0.00$82.80
HOA / mo$95.00$95.00
Total monthly$3,370.15$3,394.13
Cash to close$43,597$46,000