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$331,021$331,021$764,910
Remaining term (yrs)24.824.830.0
Secondary amount$0$433,889$0
Funding fee$1,655$1,655$0
Note rate2.88%2.88%7.18%
Blended rate2.88%5.642%7.42%
1st payment$1,552.70$1,552.70$5,181.77
2nd payment$0.00$2,802.20$0.00
Taxes / mo$319.25$319.25$319.25
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$152.98
HOA / mo$154.00$154.00$154.00
Total monthly$2,242.61$5,044.81$6,024.67
Cash to close$518,879$84,990$84,990