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$251,443$251,443$538,200
Remaining term (yrs)19.719.730.0
Secondary amount$0$286,757$0
Funding fee$1,257$1,257$0
Note rate3.57%3.57%7.18%
Blended rate3.57%5.797%7.42%
1st payment$1,475.78$1,475.78$3,645.95
2nd payment$0.00$1,851.97$0.00
Taxes / mo$134.17$134.17$134.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$107.64
HOA / mo$12.00$12.00$12.00
Total monthly$1,788.62$3,640.59$4,066.43
Cash to close$346,557$59,800$59,800