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$284,900$284,900$310,500
Remaining term (yrs)25.625.630.0
Secondary amount$0$25,600$0
Funding fee$1,424$1,424$0
Note rate5.23%5.23%7.18%
Blended rate5.23%5.541%7.42%
1st payment$1,679.89$1,679.89$2,103.44
2nd payment$0.00$192.00$0.00
Taxes / mo$111.08$111.08$111.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$62.10
HOA / mo$0.00$0.00$0.00
Total monthly$1,940.98$2,132.98$2,426.62
Cash to close$60,100$34,500$34,500