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$239,182$239,182$765,000
Remaining term (yrs)24.324.330.0
Secondary amount$0$525,818$0
Funding fee$1,196$1,196$0
Note rate2.79%2.79%7.18%
Blended rate2.79%6.199%7.42%
1st payment$1,126.61$1,126.61$5,182.38
2nd payment$0.00$3,395.91$0.00
Taxes / mo$272.75$272.75$272.75
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$153.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,616.03$5,011.93$5,824.79
Cash to close$610,818$85,000$85,000