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$56,841$56,841$153,810
Remaining term (yrs)14.614.630.0
Secondary amount$0$96,969$0
Funding fee$284$284$0
Note rate2.87%2.87%7.18%
Blended rate2.87%6.735%7.42%
1st payment$394.27$394.27$1,041.96
2nd payment$0.00$727.27$0.00
Taxes / mo$43.00$43.00$43.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$30.76
HOA / mo$311.00$311.00$311.00
Total monthly$898.27$1,625.54$1,576.72
Cash to close$114,059$17,090$17,090