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$261,812$261,812$297,000
Remaining term (yrs)26.626.630.0
Secondary amount$0$35,188$0
Funding fee$1,309$1,309$0
Note rate6.54%6.54%7.18%
Blended rate6.54%6.831%7.42%
1st payment$1,730.91$1,730.91$2,011.98
2nd payment$0.00$263.91$0.00
Taxes / mo$60.83$60.83$60.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$59.40
HOA / mo$0.00$0.00$0.00
Total monthly$1,941.74$2,205.65$2,282.21
Cash to close$68,188$33,000$33,000