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$418,868$418,868$445,859
Remaining term (yrs)25.825.830.0
Secondary amount$0$26,991$0
Funding fee$2,094$2,094$0
Note rate5.520%5.520%7.240%
Blended rate5.520%5.731%7.480%
1st payment$2,535.09$2,535.09$3,038.52
2nd payment$0.00$202.43$0.00
Taxes / mo$132.92$132.92$132.92
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$89.17
HOA / mo$0.00$0.00$0.00
Total monthly$2,834.68$3,037.11$3,427.28
Cash to close$76,531$49,540$49,540