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$240,418$240,418$508,500
Remaining term (yrs)22.622.630.0
Secondary amount$0$268,082$0
Funding fee$1,202$1,202$0
Note rate4.28%4.28%7.18%
Blended rate4.28%6.109%7.42%
1st payment$1,382.35$1,382.35$3,444.76
2nd payment$0.00$1,731.36$0.00
Taxes / mo$189.42$189.42$189.42
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$101.70
HOA / mo$0.00$0.00$0.00
Total monthly$1,738.44$3,469.80$3,902.54
Cash to close$324,582$56,500$56,500