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$211,817$211,817$242,998
Remaining term (yrs)29.029.030.0
Secondary amount$0$31,181$0
Funding fee$1,059$1,059$0
Note rate6.24%6.24%7.18%
Blended rate6.24%6.594%7.42%
1st payment$1,316.95$1,316.95$1,646.15
2nd payment$0.00$233.86$0.00
Taxes / mo$41.08$41.08$41.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$48.60
HOA / mo$0.00$0.00$0.00
Total monthly$1,508.03$1,741.89$1,885.84
Cash to close$58,181$27,000$27,000