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$271,611$271,611$287,910
Remaining term (yrs)27.927.930.0
Secondary amount$0$32,294$0
Funding fee$1,358$1,358$0
Note rate6.46%6.46%7.18%
Blended rate6.46%7.035%7.42%
1st payment$1,750.36$1,750.36$1,950.40
2nd payment$0.00$319.58$0.00
Taxes / mo$46.17$46.17$46.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$57.58
HOA / mo$0.00$0.00$0.00
Total monthly$1,946.53$2,266.11$2,204.15
Cash to close$48,289$15,995$31,990