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$292,738$292,738$530,100
Remaining term (yrs)24.724.730.0
Secondary amount$0$237,362$0
Funding fee$1,464$1,464$0
Note rate2.98%2.98%7.18%
Blended rate2.98%5.116%7.42%
1st payment$1,391.42$1,391.42$3,591.08
2nd payment$0.00$1,532.96$0.00
Taxes / mo$189.75$189.75$189.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$106.02
HOA / mo$0.00$0.00$0.00
Total monthly$1,747.84$3,280.80$4,053.52
Cash to close$296,262$58,900$58,900