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$47,163$47,163$251,010
Remaining term (yrs)16.316.330.0
Secondary amount$0$203,847$0
Funding fee$236$236$0
Note rate3.41%3.41%7.18%
Blended rate3.41%6.935%7.42%
1st payment$312.97$312.97$1,700.43
2nd payment$0.00$1,316.51$0.00
Taxes / mo$68.92$68.92$68.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$50.20
HOA / mo$95.00$95.00$95.00
Total monthly$626.89$1,943.40$2,064.55
Cash to close$231,737$27,890$27,890