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$247,947$247,947$332,505
Remaining term (yrs)24.324.330.0
Secondary amount$0$84,558$0
Funding fee$1,240$1,240$0
Note rate2.740%2.740%7.240%
Blended rate2.740%4.332%7.480%
1st payment$1,161.57$1,161.57$2,266.02
2nd payment$0.00$634.18$0.00
Taxes / mo$143.67$143.67$143.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$66.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,455.24$2,089.42$2,626.18
Cash to close$121,503$36,945$36,945