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$227,871$227,871$359,999
Remaining term (yrs)23.823.830.0
Secondary amount$0$132,129$0
Funding fee$1,139$1,139$0
Note rate3.02%3.02%7.18%
Blended rate3.02%4.848%7.42%
1st payment$1,115.89$1,115.89$2,438.76
2nd payment$0.00$880.86$0.00
Taxes / mo$121.83$121.83$121.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$72.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,387.72$2,268.58$2,782.59
Cash to close$172,128$40,000$40,000