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$330,503$330,503$486,000
Remaining term (yrs)24.324.330.0
Secondary amount$0$155,497$0
Funding fee$1,653$1,653$0
Note rate2.710%2.710%7.240%
Blended rate2.710%4.403%7.480%
1st payment$1,543.28$1,543.28$3,312.08
2nd payment$0.00$1,036.65$0.00
Taxes / mo$100.08$100.08$100.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$97.20
HOA / mo$0.00$0.00$0.00
Total monthly$1,810.03$2,846.67$3,676.03
Cash to close$209,497$54,000$54,000