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$428,966$428,966$684,000
Remaining term (yrs)24.024.030.0
Secondary amount$0$255,034$0
Funding fee$2,145$2,145$0
Note rate2.86%2.86%7.18%
Blended rate2.86%4.683%7.42%
1st payment$2,055.42$2,055.42$4,633.65
2nd payment$0.00$1,647.09$0.00
Taxes / mo$251.42$251.42$251.42
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$136.80
HOA / mo$165.00$165.00$165.00
Total monthly$2,688.50$4,335.60$5,403.54
Cash to close$331,034$76,000$76,000