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$204,881$204,881$652,500
Remaining term (yrs)23.623.630.0
Secondary amount$0$447,619$0
Funding fee$1,024$1,024$0
Note rate3.23%3.23%7.18%
Blended rate3.23%6.331%7.42%
1st payment$1,030.45$1,030.45$4,420.26
2nd payment$0.00$2,890.87$0.00
Taxes / mo$157.00$157.00$157.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$130.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,404.12$4,294.99$4,924.43
Cash to close$520,119$72,500$72,500