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$351,710$351,710$449,991
Remaining term (yrs)25.425.430.0
Secondary amount$0$98,281$0
Funding fee$1,759$1,759$0
Note rate3.75%3.75%7.18%
Blended rate3.75%4.897%7.42%
1st payment$1,786.87$1,786.87$3,048.40
2nd payment$0.00$737.11$0.00
Taxes / mo$144.42$144.42$144.42
Insurance / mo$0.00$0.00$0.00
MI / mo$0.00$0.00$90.00
HOA / mo$55.00$55.00$55.00
Total monthly$1,986.28$2,723.39$3,337.81
Cash to close$148,280$49,999$49,999