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$309,980$309,980$760,500
Remaining term (yrs)24.424.430.0
Secondary amount$0$450,520$0
Funding fee$1,550$1,550$0
Note rate2.73%2.73%7.18%
Blended rate2.73%5.704%7.42%
1st payment$1,447.13$1,447.13$5,151.89
2nd payment$0.00$2,909.61$0.00
Taxes / mo$268.25$268.25$268.25
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$152.10
HOA / mo$23.75$23.75$23.75
Total monthly$1,955.79$4,865.40$5,812.66
Cash to close$535,020$84,500$84,500