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$368,134$368,134$373,500
Remaining term (yrs)25.525.530.0
Secondary amount$0$26,116$0
Funding fee$1,841$1,841$0
Note rate3.45%3.45%7.18%
Blended rate3.45%4.008%7.42%
1st payment$1,806.80$1,806.80$2,530.22
2nd payment$0.00$258.44$0.00
Taxes / mo$142.00$142.00$142.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$74.70
HOA / mo$234.00$234.00$234.00
Total monthly$2,332.80$2,591.23$3,130.92
Cash to close$46,866$20,750$41,500