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$307,412$307,412$346,500
Remaining term (yrs)25.525.530.0
Secondary amount$0$39,088$0
Funding fee$1,537$1,537$0
Note rate4.160%4.160%7.240%
Blended rate4.160%4.706%7.480%
1st payment$1,628.55$1,628.55$2,361.39
2nd payment$0.00$293.16$0.00
Taxes / mo$108.17$108.17$108.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$69.30
HOA / mo$360.00$360.00$360.00
Total monthly$2,246.71$2,539.87$3,048.86
Cash to close$77,588$38,500$38,500