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$438,190$438,190$629,910
Remaining term (yrs)24.324.330.0
Secondary amount$0$191,720$0
Funding fee$2,191$2,191$0
Note rate2.74%2.74%7.18%
Blended rate2.74%4.341%7.42%
1st payment$2,052.81$2,052.81$4,267.23
2nd payment$0.00$1,278.13$0.00
Taxes / mo$313.08$313.08$313.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$125.98
HOA / mo$28.33$28.33$28.33
Total monthly$2,560.89$3,839.02$4,901.29
Cash to close$261,710$69,990$69,990