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$281,235$281,235$562,500
Remaining term (yrs)16.616.630.0
Secondary amount$0$281,265$0
Funding fee$1,406$1,406$0
Note rate6.32%6.32%7.18%
Blended rate6.32%7.035%7.42%
1st payment$2,277.81$2,277.81$3,810.57
2nd payment$0.00$1,816.50$0.00
Taxes / mo$179.67$179.67$179.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$112.50
HOA / mo$0.00$0.00$0.00
Total monthly$2,624.14$4,440.64$4,269.40
Cash to close$343,765$62,500$62,500