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$349,548$349,548$458,100
Remaining term (yrs)24.924.930.0
Secondary amount$0$108,552$0
Funding fee$1,748$1,748$0
Note rate2.490%2.490%7.320%
Blended rate2.490%3.796%7.560%
1st payment$1,562.62$1,562.62$3,146.83
2nd payment$0.00$723.68$0.00
Taxes / mo$158.33$158.33$158.33
Insurance / mo$0.00$0.00$0.00
MI / mo$0.00$0.00$91.62
HOA / mo$63.33$63.33$63.33
Total monthly$1,784.28$2,507.96$3,460.11
Cash to close$159,452$50,900$50,900