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$299,796$299,796$675,000
Remaining term (yrs)23.923.930.0
Secondary amount$0$375,204$0
Funding fee$1,499$1,499$0
Note rate2.81%2.81%7.18%
Blended rate2.81%5.556%7.42%
1st payment$1,432.30$1,432.30$4,572.69
2nd payment$0.00$2,423.19$0.00
Taxes / mo$233.67$233.67$233.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$135.00
HOA / mo$10.42$10.42$10.42
Total monthly$1,893.06$4,316.25$5,168.44
Cash to close$450,204$75,000$75,000