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$518,197$518,197$753,750
Remaining term (yrs)24.824.830.0
Secondary amount$0$235,553$0
Funding fee$2,591$2,591$0
Note rate3.02%3.02%7.18%
Blended rate3.02%4.498%7.42%
1st payment$2,468.26$2,468.26$5,106.17
2nd payment$0.00$1,521.28$0.00
Taxes / mo$379.67$379.67$379.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$150.75
HOA / mo$30.00$30.00$30.00
Total monthly$3,094.59$4,615.87$5,883.25
Cash to close$319,303$83,750$83,750