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$118,551$118,551$260,100
Remaining term (yrs)21.221.230.0
Secondary amount$0$141,549$0
Funding fee$593$593$0
Note rate3.92%3.92%7.18%
Blended rate3.92%6.14%7.42%
1st payment$685.83$685.83$1,762.01
2nd payment$0.00$943.66$0.00
Taxes / mo$95.50$95.50$95.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$52.02
HOA / mo$0.00$0.00$0.00
Total monthly$931.33$1,874.99$2,059.53
Cash to close$170,449$28,900$28,900