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$386,387$386,387$538,200
Remaining term (yrs)25.625.630.0
Secondary amount$0$151,813$0
Funding fee$1,932$1,932$0
Note rate3.07%3.07%7.18%
Blended rate3.07%4.461%7.42%
1st payment$1,810.67$1,810.67$3,645.95
2nd payment$0.00$1,012.09$0.00
Taxes / mo$154.50$154.50$154.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$107.64
HOA / mo$0.00$0.00$0.00
Total monthly$2,131.83$3,143.92$4,074.76
Cash to close$211,613$59,800$59,800