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$303,572$303,572$510,930
Remaining term (yrs)23.623.630.0
Secondary amount$0$207,358$0
Funding fee$1,518$1,518$0
Note rate3.01%3.01%7.18%
Blended rate3.01%4.934%7.42%
1st payment$1,492.16$1,492.16$3,461.22
2nd payment$0.00$1,339.19$0.00
Taxes / mo$314.25$314.25$314.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$102.19
HOA / mo$170.00$170.00$170.00
Total monthly$2,143.07$3,482.26$4,214.32
Cash to close$264,128$56,770$56,770