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$269,560$269,560$287,910
Remaining term (yrs)25.125.130.0
Secondary amount$0$34,345$0
Funding fee$1,348$1,348$0
Note rate3.07%3.07%7.18%
Blended rate3.07%4.065%7.42%
1st payment$1,282.44$1,282.44$1,950.40
2nd payment$0.00$339.88$0.00
Taxes / mo$109.75$109.75$109.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$57.58
HOA / mo$0.00$0.00$0.00
Total monthly$1,542.19$1,882.07$2,267.73
Cash to close$50,340$15,995$31,990