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$316,773$316,773$418,500
Remaining term (yrs)25.425.430.0
Secondary amount$0$101,727$0
Funding fee$1,584$1,584$0
Note rate3.76%3.76%7.18%
Blended rate3.76%4.791%7.42%
1st payment$1,611.10$1,611.10$2,835.06
2nd payment$0.00$678.18$0.00
Taxes / mo$161.42$161.42$161.42
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$83.70
HOA / mo$71.00$71.00$71.00
Total monthly$2,010.18$2,688.37$3,317.85
Cash to close$148,227$46,500$46,500