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$333,828$333,828$413,910
Remaining term (yrs)25.225.230.0
Secondary amount$0$80,082$0
Funding fee$1,669$1,669$0
Note rate3.55%3.55%7.18%
Blended rate3.55%4.604%7.42%
1st payment$1,666.46$1,666.46$2,803.97
2nd payment$0.00$600.61$0.00
Taxes / mo$110.58$110.58$110.58
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$82.78
HOA / mo$0.00$0.00$0.00
Total monthly$1,943.71$2,544.32$3,164.00
Cash to close$126,072$45,990$45,990