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$235,753$235,753$287,100
Remaining term (yrs)25.225.230.0
Secondary amount$0$51,347$0
Funding fee$1,179$1,179$0
Note rate2.750%2.750%7.240%
Blended rate2.750%3.868%7.480%
1st payment$1,080.07$1,080.07$1,956.58
2nd payment$0.00$385.10$0.00
Taxes / mo$86.83$86.83$86.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$57.42
HOA / mo$112.00$112.00$112.00
Total monthly$1,428.90$1,814.00$2,362.83
Cash to close$83,247$31,900$31,900