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$257,649$257,649$674,892
Remaining term (yrs)23.623.630.0
Secondary amount$0$417,243$0
Funding fee$1,288$1,288$0
Note rate3.01%3.01%7.18%
Blended rate3.01%5.94%7.42%
1st payment$1,266.43$1,266.43$4,571.95
2nd payment$0.00$2,694.69$0.00
Taxes / mo$403.00$403.00$403.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$134.98
HOA / mo$146.00$146.00$146.00
Total monthly$2,032.10$4,726.79$5,472.60
Cash to close$492,231$74,988$74,988