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$730,347$730,347$1,079,100
Remaining term (yrs)25.325.330.0
Secondary amount$0$348,753$0
Funding fee$3,652$3,652$0
Note rate3.210%3.210%7.240%
Blended rate3.210%4.677%7.480%
1st payment$3,505.83$3,505.83$7,354.05
2nd payment$0.00$2,252.36$0.00
Taxes / mo$335.75$335.75$335.75
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$215.82
HOA / mo$96.67$96.67$96.67
Total monthly$4,154.92$6,407.28$8,218.95
Cash to close$468,653$119,900$119,900