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$322,644$322,644$877,500
Remaining term (yrs)24.824.830.0
Secondary amount$0$554,856$0
Funding fee$1,613$1,613$0
Note rate2.87%2.87%7.18%
Blended rate2.87%5.956%7.42%
1st payment$1,511.74$1,511.74$5,944.49
2nd payment$0.00$3,583.44$0.00
Taxes / mo$188.67$188.67$188.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$175.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,917.07$5,500.52$6,525.32
Cash to close$652,356$97,500$97,500