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$333,065$333,065$967,500
Remaining term (yrs)23.623.630.0
Secondary amount$0$634,435$0
Funding fee$1,665$1,665$0
Note rate3.31%3.31%7.18%
Blended rate3.31%6.222%7.42%
1st payment$1,693.02$1,693.02$6,554.18
2nd payment$0.00$4,097.40$0.00
Taxes / mo$454.25$454.25$454.25
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$193.50
HOA / mo$146.00$146.00$146.00
Total monthly$2,509.94$6,607.33$7,564.60
Cash to close$741,935$107,500$107,500