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$243,191$243,191$422,910
Remaining term (yrs)22.622.630.0
Secondary amount$0$179,719$0
Funding fee$1,216$1,216$0
Note rate4.06%4.06%7.18%
Blended rate4.06%5.734%7.42%
1st payment$1,366.06$1,366.06$2,864.94
2nd payment$0.00$1,198.12$0.00
Taxes / mo$118.33$118.33$118.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$84.58
HOA / mo$60.00$60.00$60.00
Total monthly$1,711.06$2,909.19$3,294.52
Cash to close$226,709$46,990$46,990