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$359,307$359,307$710,100
Remaining term (yrs)23.223.230.0
Secondary amount$0$350,793$0
Funding fee$1,797$1,797$0
Note rate3.6%3.6%7.18%
Blended rate3.6%5.65%7.42%
1st payment$1,898.60$1,898.60$4,810.46
2nd payment$0.00$2,265.53$0.00
Taxes / mo$345.25$345.25$345.25
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$142.02
HOA / mo$132.00$132.00$132.00
Total monthly$2,592.52$4,858.05$5,646.40
Cash to close$429,693$78,900$78,900