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$235,753$235,753$283,500
Remaining term (yrs)25.125.130.0
Secondary amount$0$47,747$0
Funding fee$1,179$1,179$0
Note rate2.75%2.75%7.18%
Blended rate2.75%3.803%7.42%
1st payment$1,080.07$1,080.07$1,920.53
2nd payment$0.00$358.10$0.00
Taxes / mo$86.83$86.83$86.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$56.70
HOA / mo$112.00$112.00$112.00
Total monthly$1,428.90$1,787.00$2,326.06
Cash to close$79,247$31,500$31,500