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$160,959$160,959$269,910
Remaining term (yrs)23.823.830.0
Secondary amount$0$108,951$0
Funding fee$805$805$0
Note rate3.02%3.02%7.18%
Blended rate3.02%5.03%7.42%
1st payment$788.22$788.22$1,828.46
2nd payment$0.00$726.34$0.00
Taxes / mo$74.42$74.42$74.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$53.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,012.64$1,738.98$2,106.86
Cash to close$138,941$29,990$29,990