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$287,674$287,674$314,910
Remaining term (yrs)26.526.530.0
Secondary amount$0$27,236$0
Funding fee$1,438$1,438$0
Note rate6.54%6.54%7.18%
Blended rate6.54%6.753%7.42%
1st payment$1,904.10$1,904.10$2,133.31
2nd payment$0.00$204.27$0.00
Taxes / mo$104.50$104.50$104.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$62.98
HOA / mo$56.67$56.67$56.67
Total monthly$2,215.27$2,419.54$2,507.46
Cash to close$62,226$34,990$34,990