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$243,593$243,593$336,600
Remaining term (yrs)24.124.130.0
Secondary amount$0$93,007$0
Funding fee$1,218$1,218$0
Note rate2.81%2.81%7.18%
Blended rate2.81%4.52%7.42%
1st payment$1,158.16$1,158.16$2,280.25
2nd payment$0.00$697.55$0.00
Taxes / mo$94.92$94.92$94.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$67.32
HOA / mo$0.00$0.00$0.00
Total monthly$1,403.08$2,100.63$2,592.48
Cash to close$130,407$37,400$37,400