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$371,753$371,753$494,100
Remaining term (yrs)24.124.130.0
Secondary amount$0$122,347$0
Funding fee$1,859$1,859$0
Note rate3.03%3.03%7.18%
Blended rate3.03%4.261%7.42%
1st payment$1,809.57$1,809.57$3,347.21
2nd payment$0.00$815.65$0.00
Taxes / mo$223.00$223.00$223.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$98.82
HOA / mo$175.00$175.00$175.00
Total monthly$2,374.23$3,189.88$4,010.69
Cash to close$177,247$54,900$54,900