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$431,093$431,093$576,000
Remaining term (yrs)24.224.230.0
Secondary amount$0$144,907$0
Funding fee$2,155$2,155$0
Note rate2.67%2.67%7.18%
Blended rate2.67%4.011%7.42%
1st payment$2,009.09$2,009.09$3,902.02
2nd payment$0.00$966.05$0.00
Taxes / mo$122.00$122.00$122.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$115.20
HOA / mo$0.00$0.00$0.00
Total monthly$2,297.76$3,263.81$4,305.89
Cash to close$208,907$64,000$64,000