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$307,455$307,455$351,000
Remaining term (yrs)25.525.530.0
Secondary amount$0$43,545$0
Funding fee$1,537$1,537$0
Note rate4.170%4.170%7.240%
Blended rate4.170%4.769%7.480%
1st payment$1,630.50$1,630.50$2,392.06
2nd payment$0.00$326.59$0.00
Taxes / mo$108.17$108.17$108.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$70.20
HOA / mo$360.00$360.00$360.00
Total monthly$2,248.66$2,575.25$3,080.43
Cash to close$82,545$39,000$39,000