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$92,569$92,569$283,500
Remaining term (yrs)16.416.430.0
Secondary amount$0$190,931$0
Funding fee$463$463$0
Note rate3.53%3.53%7.18%
Blended rate3.53%6.54%7.42%
1st payment$617.49$617.49$1,920.53
2nd payment$0.00$1,272.87$0.00
Taxes / mo$67.50$67.50$67.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$56.70
HOA / mo$0.00$0.00$0.00
Total monthly$834.99$2,107.86$2,194.73
Cash to close$222,431$31,500$31,500