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$255,693$255,693$378,000
Remaining term (yrs)24.724.730.0
Secondary amount$0$122,307$0
Funding fee$1,278$1,278$0
Note rate2.8%2.8%7.18%
Blended rate2.8%4.483%7.42%
1st payment$1,191.59$1,191.59$2,560.70
2nd payment$0.00$815.38$0.00
Taxes / mo$125.67$125.67$125.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$75.60
HOA / mo$38.92$38.92$38.92
Total monthly$1,506.18$2,321.56$2,950.89
Cash to close$164,307$42,000$42,000