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$266,066$266,066$373,500
Remaining term (yrs)25.525.530.0
Secondary amount$0$107,434$0
Funding fee$1,330$1,330$0
Note rate3.92%3.92%7.18%
Blended rate3.92%5.094%7.42%
1st payment$1,373.99$1,373.99$2,530.22
2nd payment$0.00$716.22$0.00
Taxes / mo$138.33$138.33$138.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$74.70
HOA / mo$113.00$113.00$113.00
Total monthly$1,775.32$2,491.55$3,006.25
Cash to close$148,934$41,500$41,500