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$80,226$80,226$369,000
Remaining term (yrs)15.215.230.0
Secondary amount$0$288,774$0
Funding fee$401$401$0
Note rate3.96%3.96%7.18%
Blended rate3.96%6.926%7.42%
1st payment$582.39$582.39$2,499.73
2nd payment$0.00$1,865.00$0.00
Taxes / mo$186.75$186.75$186.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$73.80
HOA / mo$60.00$60.00$60.00
Total monthly$979.14$2,844.14$2,970.28
Cash to close$329,774$41,000$41,000