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$467,500$467,500$769,500
Remaining term (yrs)25.125.130.0
Secondary amount$0$302,000$0
Funding fee$2,338$2,338$0
Note rate2.88%2.88%7.18%
Blended rate2.88%4.791%7.42%
1st payment$2,177.97$2,177.97$5,212.86
2nd payment$0.00$1,950.42$0.00
Taxes / mo$237.92$237.92$237.92
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$153.90
HOA / mo$147.00$147.00$147.00
Total monthly$2,779.56$4,729.97$5,968.34
Cash to close$387,500$85,500$85,500