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$332,704$332,704$391,500
Remaining term (yrs)24.824.830.0
Secondary amount$0$58,796$0
Funding fee$1,664$1,664$0
Note rate2.78%2.78%7.18%
Blended rate2.78%3.714%7.42%
1st payment$1,543.48$1,543.48$2,652.16
2nd payment$0.00$440.97$0.00
Taxes / mo$216.58$216.58$216.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$78.30
HOA / mo$147.00$147.00$147.00
Total monthly$2,057.06$2,498.04$3,244.04
Cash to close$102,296$43,500$43,500