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$324,672$324,672$434,250
Remaining term (yrs)25.025.030.0
Secondary amount$0$109,578$0
Funding fee$1,623$1,623$0
Note rate2.98%2.98%7.18%
Blended rate2.98%4.247%7.42%
1st payment$1,532.82$1,532.82$2,941.76
2nd payment$0.00$730.52$0.00
Taxes / mo$107.34$107.34$107.34
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$86.85
HOA / mo$50.00$50.00$50.00
Total monthly$1,856.82$2,587.34$3,352.62
Cash to close$157,828$48,250$48,250