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$329,028$329,028$359,910
Remaining term (yrs)26.226.230.0
Secondary amount$0$30,882$0
Funding fee$1,645$1,645$0
Note rate6.31%6.31%7.18%
Blended rate6.31%6.541%7.42%
1st payment$2,137.71$2,137.71$2,438.16
2nd payment$0.00$231.62$0.00
Taxes / mo$110.92$110.92$110.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.98
HOA / mo$0.00$0.00$0.00
Total monthly$2,398.62$2,630.24$2,771.05
Cash to close$70,872$39,990$39,990