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$351,948$351,948$495,000
Remaining term (yrs)24.324.330.0
Secondary amount$0$143,052$0
Funding fee$1,760$1,760$0
Note rate2.67%2.67%7.18%
Blended rate2.67%4.21%7.42%
1st payment$1,636.27$1,636.27$3,353.30
2nd payment$0.00$953.68$0.00
Taxes / mo$171.00$171.00$171.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$99.00
HOA / mo$96.00$96.00$96.00
Total monthly$2,069.93$3,023.61$3,885.97
Cash to close$198,052$55,000$55,000