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$281,947$281,947$472,500
Remaining term (yrs)23.823.830.0
Secondary amount$0$190,553$0
Funding fee$1,410$1,410$0
Note rate2.86%2.86%7.18%
Blended rate2.86%4.933%7.42%
1st payment$1,357.51$1,357.51$3,200.88
2nd payment$0.00$1,270.35$0.00
Taxes / mo$210.33$210.33$210.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$94.50
HOA / mo$80.00$80.00$80.00
Total monthly$1,814.51$3,084.87$3,752.38
Cash to close$243,053$52,500$52,500