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$240,656$240,656$477,630
Remaining term (yrs)23.423.430.0
Secondary amount$0$236,974$0
Funding fee$1,203$1,203$0
Note rate3.45%3.45%7.18%
Blended rate3.45%5.583%7.42%
1st payment$1,246.73$1,246.73$3,235.63
2nd payment$0.00$1,530.46$0.00
Taxes / mo$313.25$313.25$313.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$95.53
HOA / mo$170.00$170.00$170.00
Total monthly$1,896.65$3,427.11$3,981.07
Cash to close$290,044$53,070$53,070