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
Current Market Conventional
New · Conventional
Loan amount$290,755$285,750
Remaining term (yrs)28.830.0
Secondary amount$0$0
Funding fee$1,454$0
Note rate6.5%7.18%
Blended rate6.5%7.42%
1st payment$1,860.36$1,935.77
2nd payment$0.00$0.00
Taxes / mo$11.50$11.50
Insurance / mo$150.00$150.00
MI / mo$0.00$57.15
HOA / mo$60.00$60.00
Total monthly$2,081.86$2,214.42
Cash to close$26,745$31,750