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$336,771$336,771$607,500
Remaining term (yrs)24.224.230.0
Secondary amount$0$270,729$0
Funding fee$1,684$1,684$0
Note rate2.72%2.72%7.18%
Blended rate2.72%4.962%7.42%
1st payment$1,581.88$1,581.88$4,115.42
2nd payment$0.00$1,748.46$0.00
Taxes / mo$195.08$195.08$195.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$121.50
HOA / mo$73.00$73.00$73.00
Total monthly$2,016.63$3,765.09$4,671.67
Cash to close$338,229$67,500$67,500