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$0$0$415,341
Remaining term (yrs)——30.0
Secondary amount$0$415,341$0
Funding fee$0$0$0
Note rate3.5%3.5%7.18%
Blended rate3.5%7.75%7.42%
1st payment$0.00$0.00$2,813.66
2nd payment$0.00$2,682.41$0.00
Taxes / mo$83.25$83.25$83.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$83.07
HOA / mo$111.00$111.00$111.00
Total monthly$360.92$3,043.33$3,257.65
Cash to close$461,490$46,149$46,149