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$247,593$247,593$314,100
Remaining term (yrs)24.624.630.0
Secondary amount$0$66,507$0
Funding fee$1,238$1,238$0
Note rate2.93%2.93%7.18%
Blended rate2.93%4.215%7.42%
1st payment$1,173.11$1,173.11$2,127.82
2nd payment$0.00$498.80$0.00
Taxes / mo$77.92$77.92$77.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$62.82
HOA / mo$0.00$0.00$0.00
Total monthly$1,401.02$1,899.83$2,418.56
Cash to close$101,407$34,900$34,900