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$378,108$378,108$892,662
Remaining term (yrs)23.623.630.0
Secondary amount$0$514,554$0
Funding fee$1,891$1,891$0
Note rate3.24%3.24%7.18%
Blended rate3.24%5.84%7.42%
1st payment$1,903.67$1,903.67$6,047.21
2nd payment$0.00$3,323.16$0.00
Taxes / mo$551.83$551.83$551.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$178.53
HOA / mo$0.00$0.00$0.00
Total monthly$2,672.17$5,995.34$6,994.24
Cash to close$613,739$99,185$99,185