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$323,165$323,165$341,910
Remaining term (yrs)25.125.130.0
Secondary amount$0$37,740$0
Funding fee$1,616$1,616$0
Note rate2.8%2.8%7.18%
Blended rate2.8%3.749%7.42%
1st payment$1,492.22$1,492.22$2,316.22
2nd payment$0.00$373.47$0.00
Taxes / mo$98.25$98.25$98.25
Insurance / mo$0.00$0.00$0.00
MI / mo$0.00$0.00$68.38
HOA / mo$48.33$48.33$48.33
Total monthly$1,638.80$2,012.27$2,531.18
Cash to close$56,735$18,995$37,990