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$255,209$255,209$419,400
Remaining term (yrs)23.823.830.0
Secondary amount$0$164,191$0
Funding fee$1,276$1,276$0
Note rate2.99%2.99%7.18%
Blended rate2.99%4.951%7.42%
1st payment$1,245.81$1,245.81$2,841.16
2nd payment$0.00$1,094.61$0.00
Taxes / mo$150.50$150.50$150.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$83.88
HOA / mo$48.33$48.33$48.33
Total monthly$1,611.31$2,705.92$3,290.54
Cash to close$210,791$46,600$46,600