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$469,240$469,240$719,100
Remaining term (yrs)24.424.430.0
Secondary amount$0$249,860$0
Funding fee$2,346$2,346$0
Note rate2.77%2.77%7.18%
Blended rate2.77%4.5%7.42%
1st payment$2,200.20$2,200.20$4,871.43
2nd payment$0.00$1,613.68$0.00
Taxes / mo$440.75$440.75$440.75
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$143.82
HOA / mo$125.00$125.00$125.00
Total monthly$2,982.62$4,596.30$5,797.67
Cash to close$329,760$79,900$79,900