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$190,538$190,538$359,099
Remaining term (yrs)24.824.830.0
Secondary amount$0$168,561$0
Funding fee$953$953$0
Note rate2.87%2.87%7.18%
Blended rate2.87%5.278%7.42%
1st payment$892.76$892.76$2,432.66
2nd payment$0.00$1,123.74$0.00
Taxes / mo$74.00$74.00$74.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.82
HOA / mo$52.33$52.33$52.33
Total monthly$1,169.09$2,292.83$2,780.81
Cash to close$208,461$39,900$39,900