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$238,119$238,119$463,500
Remaining term (yrs)19.319.330.0
Secondary amount$0$225,381$0
Funding fee$1,191$1,191$0
Note rate3.920%3.920%7.320%
Blended rate3.920%5.782%7.560%
1st payment$1,457.19$1,457.19$3,183.92
2nd payment$0.00$1,455.59$0.00
Taxes / mo$228.75$228.75$228.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$92.70
HOA / mo$40.00$40.00$40.00
Total monthly$1,892.60$3,348.19$3,712.04
Cash to close$276,881$51,500$51,500