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$260,308$260,308$427,500
Remaining term (yrs)24.724.730.0
Secondary amount$0$167,192$0
Funding fee$1,302$1,302$0
Note rate2.93%2.93%7.18%
Blended rate2.93%4.913%7.42%
1st payment$1,230.53$1,230.53$2,896.03
2nd payment$0.00$1,114.61$0.00
Taxes / mo$114.00$114.00$114.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$85.50
HOA / mo$112.00$112.00$112.00
Total monthly$1,623.20$2,737.81$3,374.20
Cash to close$214,692$47,500$47,500