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$442,441$442,441$539,100
Remaining term (yrs)25.125.130.0
Secondary amount$0$96,659$0
Funding fee$2,212$2,212$0
Note rate3.05%3.05%7.18%
Blended rate3.05%4.117%7.42%
1st payment$2,100.31$2,100.31$3,652.05
2nd payment$0.00$724.94$0.00
Taxes / mo$230.92$230.92$230.92
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$107.82
HOA / mo$20.00$20.00$20.00
Total monthly$2,517.90$3,242.84$4,177.45
Cash to close$156,559$59,900$59,900