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$264,325$264,325$764,999
Remaining term (yrs)15.315.330.0
Secondary amount$0$500,674$0
Funding fee$1,322$1,322$0
Note rate3.39%3.39%7.18%
Blended rate3.39%6.244%7.42%
1st payment$1,836.49$1,836.49$5,182.37
2nd payment$0.00$3,233.52$0.00
Taxes / mo$287.83$287.83$287.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$153.00
HOA / mo$16.67$16.67$16.67
Total monthly$2,357.66$5,591.18$5,856.54
Cash to close$585,674$85,000$85,000