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$223,539$223,539$395,910
Remaining term (yrs)23.723.730.0
Secondary amount$0$172,371$0
Funding fee$1,118$1,118$0
Note rate3.21%3.21%7.18%
Blended rate3.21%5.295%7.42%
1st payment$1,119.34$1,119.34$2,682.03
2nd payment$0.00$1,149.14$0.00
Taxes / mo$140.58$140.58$140.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$79.18
HOA / mo$275.00$275.00$275.00
Total monthly$1,684.92$2,834.06$3,326.80
Cash to close$216,361$43,990$43,990