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$259,057$259,057$585,000
Remaining term (yrs)24.224.230.0
Secondary amount$0$325,943$0
Funding fee$1,295$1,295$0
Note rate2.72%2.72%7.18%
Blended rate2.72%5.523%7.42%
1st payment$1,216.85$1,216.85$3,962.99
2nd payment$0.00$2,105.05$0.00
Taxes / mo$252.25$252.25$252.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$117.00
HOA / mo$19.00$19.00$19.00
Total monthly$1,654.76$3,759.81$4,517.91
Cash to close$390,943$65,000$65,000