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$426,692$426,692$459,000
Remaining term (yrs)28.628.630.0
Secondary amount$0$32,308$0
Funding fee$2,133$2,133$0
Note rate6.81%6.81%7.18%
Blended rate6.81%6.964%7.42%
1st payment$2,824.70$2,824.70$3,109.43
2nd payment$0.00$242.31$0.00
Taxes / mo$159.75$159.75$159.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$91.80
HOA / mo$116.00$116.00$116.00
Total monthly$3,267.11$3,509.42$3,643.64
Cash to close$83,308$51,000$51,000