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$336,775$336,775$476,100
Remaining term (yrs)25.225.230.0
Secondary amount$0$139,325$0
Funding fee$1,684$1,684$0
Note rate3.07%3.07%7.18%
Blended rate3.07%4.513%7.42%
1st payment$1,598.72$1,598.72$3,225.27
2nd payment$0.00$928.83$0.00
Taxes / mo$175.58$175.58$175.58
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$95.22
HOA / mo$53.67$53.67$53.67
Total monthly$1,994.64$2,923.47$3,716.41
Cash to close$192,225$52,900$52,900