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$153,596$153,596$369,000
Remaining term (yrs)15.815.830.0
Secondary amount$0$215,404$0
Funding fee$768$768$0
Note rate3.68%3.68%7.18%
Blended rate3.68%6.056%7.42%
1st payment$1,063.74$1,063.74$2,499.73
2nd payment$0.00$1,391.15$0.00
Taxes / mo$252.67$252.67$252.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$73.80
HOA / mo$0.00$0.00$0.00
Total monthly$1,466.41$2,857.56$2,976.20
Cash to close$256,404$41,000$41,000