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$270,241$270,241$697,500
Remaining term (yrs)24.224.230.0
Secondary amount$0$427,259$0
Funding fee$1,351$1,351$0
Note rate2.66%2.66%7.18%
Blended rate2.66%5.778%7.42%
1st payment$1,258.08$1,258.08$4,725.11
2nd payment$0.00$2,759.38$0.00
Taxes / mo$214.33$214.33$214.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$139.50
HOA / mo$22.83$22.83$22.83
Total monthly$1,711.91$4,471.29$5,318.44
Cash to close$504,759$77,500$77,500