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$342,083$342,083$445,491
Remaining term (yrs)25.125.130.0
Secondary amount$0$103,408$0
Funding fee$1,710$1,710$0
Note rate3.05%3.05%7.18%
Blended rate3.05%4.199%7.42%
1st payment$1,623.90$1,623.90$3,017.91
2nd payment$0.00$689.39$0.00
Taxes / mo$134.25$134.25$134.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$89.10
HOA / mo$65.00$65.00$65.00
Total monthly$1,989.82$2,679.21$3,472.93
Cash to close$152,907$49,499$49,499