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$935,621$935,621$990,000
Remaining term (yrs)29.529.530.0
Secondary amount$0$54,379$0
Funding fee$4,678$4,678$0
Note rate6.110%6.110%7.240%
Blended rate6.110%6.269%7.480%
1st payment$5,703.94$5,703.94$6,746.83
2nd payment$0.00$407.85$0.00
Taxes / mo$411.75$411.75$411.75
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$198.00
HOA / mo$64.00$64.00$64.00
Total monthly$6,396.36$6,804.20$7,637.25
Cash to close$164,379$110,000$110,000