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$169,669$169,669$351,000
Remaining term (yrs)16.116.130.0
Secondary amount$0$181,331$0
Funding fee$848$848$0
Note rate3.38%3.38%7.18%
Blended rate3.38%5.767%7.42%
1st payment$1,136.39$1,136.39$2,377.80
2nd payment$0.00$1,208.87$0.00
Taxes / mo$175.08$175.08$175.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$70.20
HOA / mo$0.00$0.00$0.00
Total monthly$1,461.47$2,670.34$2,773.08
Cash to close$220,331$39,000$39,000