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$256,396$256,396$576,000
Remaining term (yrs)22.622.630.0
Secondary amount$0$319,604$0
Funding fee$1,282$1,282$0
Note rate3.99%3.99%7.18%
Blended rate3.99%6.076%7.42%
1st payment$1,430.52$1,430.52$3,902.02
2nd payment$0.00$2,064.11$0.00
Taxes / mo$277.83$277.83$277.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$115.20
HOA / mo$18.25$18.25$18.25
Total monthly$1,893.27$3,957.37$4,479.97
Cash to close$383,604$64,000$64,000