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$437,802$437,802$441,000
Remaining term (yrs)25.925.930.0
Secondary amount$0$27,698$0
Funding fee$2,189$2,189$0
Note rate5.130%5.130%7.320%
Blended rate5.130%5.531%7.560%
1st payment$2,539.83$2,539.83$3,029.36
2nd payment$0.00$274.09$0.00
Taxes / mo$168.75$168.75$168.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$88.20
HOA / mo$68.25$68.25$68.25
Total monthly$2,943.50$3,217.59$3,521.23
Cash to close$52,198$24,500$49,000