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$104,080$104,080$337,410
Remaining term (yrs)23.623.630.0
Secondary amount$0$233,330$0
Funding fee$520$520$0
Note rate3.45%3.45%7.18%
Blended rate3.45%6.424%7.42%
1st payment$535.51$535.51$2,285.73
2nd payment$0.00$1,506.92$0.00
Taxes / mo$167.08$167.08$167.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$67.48
HOA / mo$78.00$78.00$78.00
Total monthly$930.59$2,437.52$2,748.30
Cash to close$270,820$37,490$37,490