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
Current Market Conventional
New · Conventional
Loan amount$299,649$251,999
Remaining term (yrs)25.230.0
Secondary amount$0$0
Funding fee$1,498$0
Note rate3.1%7.18%
Blended rate3.1%7.42%
1st payment$1,424.09$1,707.13
2nd payment$0.00$0.00
Taxes / mo$123.92$123.92
Insurance / mo$150.00$150.00
MI / mo$0.00$50.40
HOA / mo$254.00$254.00
Total monthly$1,952.01$2,285.45
Cash to close$0$28,000