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$279,519$279,519$544,500
Remaining term (yrs)24.324.330.0
Secondary amount$0$264,981$0
Funding fee$1,398$1,398$0
Note rate2.77%2.77%7.18%
Blended rate2.77%5.194%7.42%
1st payment$1,313.75$1,313.75$3,688.63
2nd payment$0.00$1,711.34$0.00
Taxes / mo$143.83$143.83$143.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$108.90
HOA / mo$0.00$0.00$0.00
Total monthly$1,624.25$3,335.59$4,108.03
Cash to close$325,481$60,500$60,500