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$604,693$604,693$764,910
Remaining term (yrs)25.225.230.0
Secondary amount$0$160,217$0
Funding fee$3,023$3,023$0
Note rate3.100%3.100%7.320%
Blended rate3.100%4.126%7.560%
1st payment$2,873.82$2,873.82$5,254.40
2nd payment$0.00$1,068.11$0.00
Taxes / mo$323.25$323.25$323.25
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$152.98
HOA / mo$173.00$173.00$173.00
Total monthly$3,586.74$4,654.85$6,120.30
Cash to close$245,207$84,990$84,990