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$248,731$248,731$373,500
Remaining term (yrs)26.726.730.0
Secondary amount$0$124,769$0
Funding fee$1,244$1,244$0
Note rate6.71%6.71%7.18%
Blended rate6.71%7.141%7.42%
1st payment$1,667.74$1,667.74$2,530.22
2nd payment$0.00$831.80$0.00
Taxes / mo$139.00$139.00$139.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$74.70
HOA / mo$120.00$120.00$120.00
Total monthly$2,076.74$2,908.53$3,013.92
Cash to close$166,269$41,500$41,500