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$668,965$668,965$687,600
Remaining term (yrs)25.125.130.0
Secondary amount$0$56,835$0
Funding fee$3,345$3,345$0
Note rate2.880%2.880%7.320%
Blended rate2.880%3.584%7.560%
1st payment$3,109.55$3,109.55$4,723.33
2nd payment$0.00$562.43$0.00
Taxes / mo$342.75$342.75$342.75
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$137.52
HOA / mo$0.00$0.00$0.00
Total monthly$3,668.96$4,231.39$5,420.27
Cash to close$95,035$38,200$76,400