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$329,663$329,663$1,138,500
Remaining term (yrs)19.719.730.0
Secondary amount$0$808,837$0
Funding fee$1,648$1,648$0
Note rate3.58%3.58%7.18%
Blended rate3.58%6.543%7.42%
1st payment$1,936.58$1,936.58$7,712.60
2nd payment$0.00$5,223.74$0.00
Taxes / mo$252.08$252.08$252.08
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$227.70
HOA / mo$22.08$22.08$22.08
Total monthly$2,427.41$7,651.15$8,431.13
Cash to close$935,337$126,500$126,500