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$328,094$328,094$1,125,000
Remaining term (yrs)18.918.930.0
Secondary amount$0$796,906$0
Funding fee$1,640$1,640$0
Note rate3.86%3.86%7.18%
Blended rate3.86%6.616%7.42%
1st payment$2,032.84$2,032.84$7,621.14
2nd payment$0.00$5,146.68$0.00
Taxes / mo$585.67$585.67$585.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$225.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,835.17$7,981.85$8,648.48
Cash to close$921,906$125,000$125,000