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$179,099$179,099$441,000
Remaining term (yrs)23.523.530.0
Secondary amount$0$261,901$0
Funding fee$895$895$0
Note rate3.33%3.33%7.18%
Blended rate3.33%5.955%7.42%
1st payment$914.39$914.39$2,987.49
2nd payment$0.00$1,691.45$0.00
Taxes / mo$267.25$267.25$267.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$88.20
HOA / mo$0.00$0.00$0.00
Total monthly$1,348.30$3,039.75$3,509.60
Cash to close$310,901$49,000$49,000