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$249,501$249,501$301,410
Remaining term (yrs)24.424.430.0
Secondary amount$0$51,909$0
Funding fee$1,248$1,248$0
Note rate2.74%2.74%7.18%
Blended rate2.74%3.818%7.42%
1st payment$1,166.06$1,166.06$2,041.86
2nd payment$0.00$389.32$0.00
Taxes / mo$151.25$151.25$151.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$60.28
HOA / mo$92.67$92.67$92.67
Total monthly$1,559.98$1,949.29$2,496.06
Cash to close$85,399$33,490$33,490