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$260,474$260,474$355,500
Remaining term (yrs)25.525.530.0
Secondary amount$0$95,026$0
Funding fee$1,302$1,302$0
Note rate4.17%4.17%7.18%
Blended rate4.17%5.461%7.42%
1st payment$1,381.35$1,381.35$2,408.28
2nd payment$0.00$712.70$0.00
Taxes / mo$155.00$155.00$155.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.10
HOA / mo$98.00$98.00$98.00
Total monthly$1,784.35$2,497.04$2,882.38
Cash to close$134,526$39,500$39,500