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
Current Market Conventional
New · Conventional
Loan amount$276,228$260,910
Remaining term (yrs)25.130.0
Secondary amount$0$0
Funding fee$1,381$0
Note rate2.875%7.18%
Blended rate2.875%7.42%
1st payment$1,286.17$1,767.50
2nd payment$0.00$0.00
Taxes / mo$123.42$123.42
Insurance / mo$150.00$150.00
MI / mo$0.00$52.18
HOA / mo$89.00$89.00
Total monthly$1,648.58$2,182.09
Cash to close$13,672$28,990