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$190,429$190,429$465,300
Remaining term (yrs)19.919.930.0
Secondary amount$0$274,871$0
Funding fee$952$952$0
Note rate3.44%3.44%7.18%
Blended rate3.44%5.986%7.42%
1st payment$1,098.55$1,098.55$3,152.10
2nd payment$0.00$1,775.21$0.00
Taxes / mo$162.50$162.50$162.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$93.06
HOA / mo$72.00$72.00$72.00
Total monthly$1,499.72$3,274.92$3,646.33
Cash to close$326,571$51,700$51,700