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$289,660$289,660$449,991
Remaining term (yrs)23.623.630.0
Secondary amount$0$160,331$0
Funding fee$1,448$1,448$0
Note rate3.18%3.18%7.18%
Blended rate3.18%4.897%7.42%
1st payment$1,449.29$1,449.29$3,048.40
2nd payment$0.00$1,068.88$0.00
Taxes / mo$154.92$154.92$154.92
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$90.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,770.87$2,839.75$3,459.98
Cash to close$210,330$49,999$49,999