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$266,463$266,463$314,910
Remaining term (yrs)25.025.030.0
Secondary amount$0$48,447$0
Funding fee$1,332$1,332$0
Note rate3.01%3.01%7.18%
Blended rate3.01%3.932%7.42%
1st payment$1,262.17$1,262.17$2,133.31
2nd payment$0.00$363.35$0.00
Taxes / mo$139.75$139.75$139.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$62.98
HOA / mo$65.00$65.00$65.00
Total monthly$1,616.92$1,980.27$2,551.04
Cash to close$83,437$34,990$34,990