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$208,762$208,762$1,169,100
Remaining term (yrs)15.515.530.0
Secondary amount$0$960,338$0
Funding fee$1,044$1,044$0
Note rate3.900%3.900%7.320%
Blended rate3.900%7.063%7.560%
1st payment$1,485.75$1,485.75$8,030.91
2nd payment$0.00$6,202.18$0.00
Taxes / mo$377.58$377.58$377.58
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$233.82
HOA / mo$30.00$30.00$30.00
Total monthly$2,110.00$8,312.19$8,888.98
Cash to close$1,090,238$129,900$129,900