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$333,920$333,920$560,698
Remaining term (yrs)24.224.230.0
Secondary amount$0$226,778$0
Funding fee$1,670$1,670$0
Note rate2.68%2.68%7.18%
Blended rate2.68%4.731%7.42%
1st payment$1,557.92$1,557.92$3,798.36
2nd payment$0.00$1,464.61$0.00
Taxes / mo$258.33$258.33$258.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$112.14
HOA / mo$124.33$124.33$124.33
Total monthly$2,107.25$3,571.85$4,459.83
Cash to close$289,078$62,300$62,300