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$174,059$174,059$383,310
Remaining term (yrs)24.324.330.0
Secondary amount$0$209,251$0
Funding fee$870$870$0
Note rate2.74%2.74%7.18%
Blended rate2.74%5.475%7.42%
1st payment$815.42$815.42$2,596.68
2nd payment$0.00$1,351.41$0.00
Taxes / mo$88.75$88.75$88.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$76.66
HOA / mo$0.00$0.00$0.00
Total monthly$1,054.17$2,405.59$2,912.09
Cash to close$251,841$42,590$42,590