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$364,658$364,658$476,100
Remaining term (yrs)25.325.330.0
Secondary amount$0$111,442$0
Funding fee$1,823$1,823$0
Note rate3.450%3.450%7.240%
Blended rate3.450%4.515%7.480%
1st payment$1,797.05$1,797.05$3,244.61
2nd payment$0.00$742.95$0.00
Taxes / mo$197.08$197.08$197.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$95.22
HOA / mo$36.00$36.00$36.00
Total monthly$2,196.80$2,939.75$3,739.58
Cash to close$164,342$52,900$52,900