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$246,045$246,045$468,000
Remaining term (yrs)23.623.630.0
Secondary amount$0$221,955$0
Funding fee$1,230$1,230$0
Note rate3.47%3.47%7.18%
Blended rate3.47%5.5%7.42%
1st payment$1,271.43$1,271.43$3,170.40
2nd payment$0.00$1,433.46$0.00
Taxes / mo$178.33$178.33$178.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$93.60
HOA / mo$108.33$108.33$108.33
Total monthly$1,724.76$3,158.22$3,717.33
Cash to close$273,955$52,000$52,000