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$127,473$127,473$386,910
Remaining term (yrs)16.616.630.0
Secondary amount$0$259,437$0
Funding fee$637$637$0
Note rate3.45%3.45%7.18%
Blended rate3.45%6.333%7.42%
1st payment$838.97$838.97$2,621.06
2nd payment$0.00$1,675.53$0.00
Taxes / mo$134.83$134.83$134.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$77.38
HOA / mo$138.00$138.00$138.00
Total monthly$1,261.80$2,937.33$3,121.28
Cash to close$302,427$42,990$42,990