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
Current Market Conventional
New · Conventional
Loan amount$299,649$274,500
Remaining term (yrs)25.230.0
Secondary amount$0$0
Funding fee$1,498$0
Note rate3.1%7.18%
Blended rate3.1%7.42%
1st payment$1,424.09$1,859.56
2nd payment$0.00$0.00
Taxes / mo$123.92$123.92
Insurance / mo$150.00$150.00
MI / mo$0.00$54.90
HOA / mo$254.00$254.00
Total monthly$1,952.01$2,442.38
Cash to close$5,351$30,500