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$125,443$125,443$197,010
Remaining term (yrs)24.124.130.0
Secondary amount$0$71,567$0
Funding fee$627$627$0
Note rate2.83%2.83%7.18%
Blended rate2.83%5.071%7.42%
1st payment$597.70$597.70$1,334.61
2nd payment$0.00$536.76$0.00
Taxes / mo$45.08$45.08$45.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$39.40
HOA / mo$178.00$178.00$178.00
Total monthly$970.78$1,507.54$1,747.10
Cash to close$93,457$21,890$21,890