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$512,851$512,851$674,100
Remaining term (yrs)25.225.230.0
Secondary amount$0$161,249$0
Funding fee$2,564$2,564$0
Note rate2.9%2.9%7.18%
Blended rate2.9%4.12%7.42%
1st payment$2,383.86$2,383.86$4,566.59
2nd payment$0.00$1,074.99$0.00
Taxes / mo$256.08$256.08$256.08
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$134.82
HOA / mo$110.00$110.00$110.00
Total monthly$2,966.61$4,041.60$5,284.16
Cash to close$236,149$74,900$74,900