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$377,859$377,859$571,500
Remaining term (yrs)24.824.830.0
Secondary amount$0$193,641$0
Funding fee$1,889$1,889$0
Note rate2.87%2.87%7.18%
Blended rate2.87%4.608%7.42%
1st payment$1,770.45$1,770.45$3,871.54
2nd payment$0.00$1,290.94$0.00
Taxes / mo$287.42$287.42$287.42
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$114.30
HOA / mo$66.67$66.67$66.67
Total monthly$2,291.20$3,582.14$4,506.59
Cash to close$257,141$63,500$63,500