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$383,507$383,507$593,910
Remaining term (yrs)23.723.730.0
Secondary amount$0$210,403$0
Funding fee$1,918$1,918$0
Note rate3.13%3.13%7.18%
Blended rate3.13%4.767%7.42%
1st payment$1,904.37$1,904.37$4,023.35
2nd payment$0.00$1,358.85$0.00
Taxes / mo$389.50$389.50$389.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$118.78
HOA / mo$176.00$176.00$176.00
Total monthly$2,636.54$3,995.40$4,874.30
Cash to close$276,393$65,990$65,990