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$367,961$367,961$598,500
Remaining term (yrs)23.823.830.0
Secondary amount$0$230,539$0
Funding fee$1,840$1,840$0
Note rate3.03%3.03%7.18%
Blended rate3.03%4.848%7.42%
1st payment$1,803.82$1,803.82$4,054.45
2nd payment$0.00$1,488.90$0.00
Taxes / mo$187.17$187.17$187.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$119.70
HOA / mo$0.00$0.00$0.00
Total monthly$2,157.65$3,646.55$4,527.98
Cash to close$297,039$66,500$66,500