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$272,537$272,537$427,410
Remaining term (yrs)24.824.830.0
Secondary amount$0$154,873$0
Funding fee$1,363$1,363$0
Note rate2.87%2.87%7.18%
Blended rate2.87%4.729%7.42%
1st payment$1,276.96$1,276.96$2,895.42
2nd payment$0.00$1,032.49$0.00
Taxes / mo$182.83$182.83$182.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$85.48
HOA / mo$0.00$0.00$0.00
Total monthly$1,626.46$2,658.95$3,330.41
Cash to close$202,363$47,490$47,490