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$345,393$345,393$421,110
Remaining term (yrs)27.227.230.0
Secondary amount$0$75,717$0
Funding fee$1,727$1,727$0
Note rate6.95%6.95%7.18%
Blended rate6.95%7.319%7.42%
1st payment$2,354.63$2,354.63$2,852.75
2nd payment$0.00$567.88$0.00
Taxes / mo$130.17$130.17$130.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$84.22
HOA / mo$0.00$0.00$0.00
Total monthly$2,651.47$3,219.34$3,233.80
Cash to close$122,507$46,790$46,790