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$166,674$166,674$350,100
Remaining term (yrs)24.624.630.0
Secondary amount$0$183,426$0
Funding fee$833$833$0
Note rate2.81%2.81%7.18%
Blended rate2.81%5.529%7.42%
1st payment$781.23$781.23$2,371.70
2nd payment$0.00$1,222.84$0.00
Taxes / mo$128.00$128.00$128.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$70.02
HOA / mo$185.00$185.00$185.00
Total monthly$1,244.23$2,467.07$2,904.72
Cash to close$222,326$38,900$38,900