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$207,692$207,692$440,910
Remaining term (yrs)23.523.530.0
Secondary amount$0$233,218$0
Funding fee$1,038$1,038$0
Note rate3.65%3.65%7.18%
Blended rate3.65%5.819%7.42%
1st payment$1,095.57$1,095.57$2,986.88
2nd payment$0.00$1,506.20$0.00
Taxes / mo$191.75$191.75$191.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$88.18
HOA / mo$0.00$0.00$0.00
Total monthly$1,453.99$2,960.19$3,433.48
Cash to close$282,208$48,990$48,990