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$291,067$291,067$395,991
Remaining term (yrs)23.823.830.0
Secondary amount$0$104,924$0
Funding fee$1,455$1,455$0
Note rate3.02%3.02%7.18%
Blended rate3.02%4.34%7.42%
1st payment$1,425.36$1,425.36$2,682.58
2nd payment$0.00$699.49$0.00
Taxes / mo$134.58$134.58$134.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$79.20
HOA / mo$85.00$85.00$85.00
Total monthly$1,794.95$2,494.44$3,131.36
Cash to close$148,923$43,999$43,999