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$229,402$229,402$341,010
Remaining term (yrs)25.025.030.0
Secondary amount$0$111,608$0
Funding fee$1,147$1,147$0
Note rate2.87%2.87%7.18%
Blended rate2.87%4.549%7.42%
1st payment$1,069.97$1,069.97$2,310.12
2nd payment$0.00$744.05$0.00
Taxes / mo$148.50$148.50$148.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$68.20
HOA / mo$60.00$60.00$60.00
Total monthly$1,428.47$2,172.52$2,736.82
Cash to close$149,498$37,890$37,890