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$552,351$552,351$674,100
Remaining term (yrs)24.024.030.0
Secondary amount$0$121,749$0
Funding fee$2,762$2,762$0
Note rate2.87%2.87%7.18%
Blended rate2.87%3.797%7.42%
1st payment$2,649.46$2,649.46$4,566.59
2nd payment$0.00$811.66$0.00
Taxes / mo$174.25$174.25$174.25
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$134.82
HOA / mo$0.00$0.00$0.00
Total monthly$3,040.37$3,852.03$5,092.32
Cash to close$196,649$74,900$74,900