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
Current Market Conventional
New · Conventional
Loan amount$285,386$274,500
Remaining term (yrs)25.630.0
Secondary amount$0$0
Funding fee$1,427$0
Note rate5.78%7.18%
Blended rate5.78%7.42%
1st payment$1,779.76$1,859.56
2nd payment$0.00$0.00
Taxes / mo$186.42$186.42
Insurance / mo$150.00$150.00
MI / mo$0.00$54.90
HOA / mo$140.00$140.00
Total monthly$2,256.18$2,390.88
Cash to close$19,614$30,500