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$322,587$322,587$359,100
Remaining term (yrs)25.425.430.0
Secondary amount$0$36,513$0
Funding fee$1,613$1,613$0
Note rate3.92%3.92%7.18%
Blended rate3.92%4.437%7.42%
1st payment$1,669.04$1,669.04$2,432.67
2nd payment$0.00$273.85$0.00
Taxes / mo$110.08$110.08$110.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.82
HOA / mo$0.00$0.00$0.00
Total monthly$1,929.12$2,202.97$2,764.57
Cash to close$76,413$39,900$39,900