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$291,399$291,399$313,650
Remaining term (yrs)24.524.530.0
Secondary amount$0$39,676$0
Funding fee$1,457$1,457$0
Note rate2.73%2.73%7.18%
Blended rate2.73%3.826%7.42%
1st payment$1,357.14$1,357.14$2,124.77
2nd payment$0.00$392.62$0.00
Taxes / mo$246.50$246.50$246.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$62.73
HOA / mo$10.00$10.00$10.00
Total monthly$1,763.64$2,156.27$2,594.00
Cash to close$57,101$17,425$34,850