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$270,391$270,391$809,100
Remaining term (yrs)23.323.330.0
Secondary amount$0$538,709$0
Funding fee$1,352$1,352$0
Note rate3.450%3.450%7.320%
Blended rate3.450%6.313%7.560%
1st payment$1,400.78$1,400.78$5,557.96
2nd payment$0.00$3,479.16$0.00
Taxes / mo$219.25$219.25$219.25
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$161.82
HOA / mo$56.00$56.00$56.00
Total monthly$1,892.70$5,371.86$6,211.69
Cash to close$628,609$89,900$89,900