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$321,352$321,352$675,000
Remaining term (yrs)22.922.930.0
Secondary amount$0$353,648$0
Funding fee$1,607$1,607$0
Note rate3.49%3.49%7.18%
Blended rate3.49%5.722%7.42%
1st payment$1,695.08$1,695.08$4,572.69
2nd payment$0.00$2,283.98$0.00
Taxes / mo$111.08$111.08$111.08
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$135.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,022.83$4,306.81$5,035.44
Cash to close$428,648$75,000$75,000