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$520,416$520,416$584,550
Remaining term (yrs)28.028.030.0
Secondary amount$0$64,134$0
Funding fee$2,602$2,602$0
Note rate6.090%6.090%7.320%
Blended rate6.090%6.409%7.560%
1st payment$3,223.55$3,223.55$4,015.45
2nd payment$0.00$481.01$0.00
Taxes / mo$179.08$179.08$179.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$116.91
HOA / mo$112.00$112.00$112.00
Total monthly$3,681.30$4,162.31$4,590.11
Cash to close$129,084$64,950$64,950