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$212,624$212,624$512,865
Remaining term (yrs)26.326.330.0
Secondary amount$0$300,241$0
Funding fee$1,063$1,063$0
Note rate6.420%6.420%7.240%
Blended rate6.420%7.199%7.480%
1st payment$1,396.17$1,396.17$3,495.17
2nd payment$0.00$1,939.05$0.00
Taxes / mo$191.00$191.00$191.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$102.57
HOA / mo$153.00$153.00$153.00
Total monthly$1,906.84$3,845.89$4,108.41
Cash to close$357,226$56,985$56,985