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$80,631$80,631$319,500
Remaining term (yrs)15.215.230.0
Secondary amount$0$238,869$0
Funding fee$403$403$0
Note rate3.96%3.96%7.18%
Blended rate3.96%6.794%7.42%
1st payment$585.34$585.34$2,164.40
2nd payment$0.00$1,542.69$0.00
Taxes / mo$101.71$101.71$101.71
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$63.90
HOA / mo$89.00$89.00$89.00
Total monthly$926.04$2,468.74$2,569.01
Cash to close$274,369$35,500$35,500