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$293,395$293,395$382,500
Remaining term (yrs)24.624.630.0
Secondary amount$0$89,105$0
Funding fee$1,467$1,467$0
Note rate2.96%2.96%7.18%
Blended rate2.96%4.367%7.42%
1st payment$1,394.67$1,394.67$2,591.19
2nd payment$0.00$668.29$0.00
Taxes / mo$75.17$75.17$75.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$76.50
HOA / mo$133.33$133.33$133.33
Total monthly$1,753.17$2,421.46$3,026.18
Cash to close$131,605$42,500$42,500