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$306,947$306,947$382,410
Remaining term (yrs)23.923.930.0
Secondary amount$0$75,463$0
Funding fee$1,535$1,535$0
Note rate2.94%2.94%7.18%
Blended rate2.94%4.136%7.42%
1st payment$1,486.90$1,486.90$2,590.58
2nd payment$0.00$565.98$0.00
Taxes / mo$194.25$194.25$194.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$76.48
HOA / mo$52.00$52.00$52.00
Total monthly$1,883.15$2,449.13$3,063.31
Cash to close$117,953$42,490$42,490