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$131,276$131,276$234,000
Remaining term (yrs)14.114.130.0
Secondary amount$0$102,724$0
Funding fee$656$656$0
Note rate4.35%4.35%7.18%
Blended rate4.35%5.952%7.42%
1st payment$1,035.79$1,035.79$1,585.20
2nd payment$0.00$684.83$0.00
Taxes / mo$122.58$122.58$122.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$46.80
HOA / mo$0.00$0.00$0.00
Total monthly$1,308.37$1,993.20$1,904.58
Cash to close$128,724$26,000$26,000