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$308,553$308,553$319,500
Remaining term (yrs)24.924.930.0
Secondary amount$0$28,697$0
Funding fee$1,543$1,543$0
Note rate2.88%2.88%7.18%
Blended rate2.88%3.645%7.42%
1st payment$1,444.01$1,444.01$2,164.40
2nd payment$0.00$283.98$0.00
Taxes / mo$135.33$135.33$135.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$63.90
HOA / mo$98.00$98.00$98.00
Total monthly$1,827.34$2,111.32$2,611.64
Cash to close$46,447$17,750$35,500