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$158,448$158,448$540,000
Remaining term (yrs)9.29.230.0
Secondary amount$0$381,552$0
Funding fee$792$792$0
Note rate2.19%2.19%7.18%
Blended rate2.19%6.119%7.42%
1st payment$1,565.51$1,565.51$3,658.15
2nd payment$0.00$2,464.19$0.00
Taxes / mo$477.75$477.75$477.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$108.00
HOA / mo$2.92$2.92$2.92
Total monthly$2,212.84$4,677.03$4,413.48
Cash to close$441,552$60,000$60,000