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$251,554$251,554$393,999
Remaining term (yrs)25.525.530.0
Secondary amount$0$142,446$0
Funding fee$1,258$1,258$0
Note rate4.17%4.17%7.18%
Blended rate4.17%5.555%7.42%
1st payment$1,334.04$1,334.04$2,669.09
2nd payment$0.00$949.64$0.00
Taxes / mo$123.92$123.92$123.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$78.80
HOA / mo$2.08$2.08$2.08
Total monthly$1,610.04$2,559.68$3,023.89
Cash to close$186,223$43,778$43,778