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$386,443$386,443$395,100
Remaining term (yrs)25.625.630.0
Secondary amount$0$30,607$0
Funding fee$1,932$1,932$0
Note rate3.18%3.18%7.18%
Blended rate3.18%3.818%7.42%
1st payment$1,833.34$1,833.34$2,676.55
2nd payment$0.00$302.89$0.00
Taxes / mo$189.33$189.33$189.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$79.02
HOA / mo$53.00$53.00$53.00
Total monthly$2,225.67$2,528.56$3,147.90
Cash to close$52,557$21,950$43,900