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$338,198$338,198$449,999
Remaining term (yrs)25.125.130.0
Secondary amount$0$111,801$0
Funding fee$1,691$1,691$0
Note rate2.98%2.98%7.18%
Blended rate2.98%4.227%7.42%
1st payment$1,589.59$1,589.59$3,048.45
2nd payment$0.00$745.34$0.00
Taxes / mo$122.83$122.83$122.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$90.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,879.09$2,624.43$3,427.95
Cash to close$161,801$50,000$50,000