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$223,763$223,763$315,000
Remaining term (yrs)23.723.730.0
Secondary amount$0$91,237$0
Funding fee$1,119$1,119$0
Note rate2.75%2.75%7.18%
Blended rate2.75%4.56%7.42%
1st payment$1,067.46$1,067.46$2,133.92
2nd payment$0.00$684.28$0.00
Taxes / mo$140.42$140.42$140.42
Insurance / mo$0.00$0.00$0.00
MI / mo$0.00$0.00$63.00
HOA / mo$125.00$125.00$125.00
Total monthly$1,332.87$2,017.15$2,462.34
Cash to close$126,237$35,000$35,000