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$112,285$112,285$247,500
Remaining term (yrs)9.89.830.0
Secondary amount$0$135,215$0
Funding fee$561$561$0
Note rate2.18%2.18%7.18%
Blended rate2.18%5.36%7.42%
1st payment$1,050.09$1,050.09$1,676.65
2nd payment$0.00$901.44$0.00
Taxes / mo$116.67$116.67$116.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$49.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,316.75$2,218.19$1,992.82
Cash to close$162,715$27,500$27,500