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$173,587$173,587$296,910
Remaining term (yrs)24.324.330.0
Secondary amount$0$123,323$0
Funding fee$868$868$0
Note rate2.730%2.730%7.240%
Blended rate2.730%4.919%7.480%
1st payment$812.33$812.33$2,023.44
2nd payment$0.00$822.15$0.00
Taxes / mo$102.08$102.08$102.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$59.38
HOA / mo$0.00$0.00$0.00
Total monthly$1,064.41$1,886.56$2,334.90
Cash to close$156,313$32,990$32,990