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
Current Market Conventional
New · Conventional
Loan amount$175,143$180,000
Remaining term (yrs)28.230.0
Secondary amount$0$0
Funding fee$876$0
Note rate7%7.18%
Blended rate7%7.42%
1st payment$1,186.90$1,219.38
2nd payment$0.00$0.00
Taxes / mo$34.00$34.00
Insurance / mo$150.00$150.00
MI / mo$0.00$36.00
HOA / mo$305.00$305.00
Total monthly$1,675.90$1,744.38
Cash to close$24,857$20,000