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$124,927$124,927$342,000
Remaining term (yrs)18.618.630.0
Secondary amount$0$217,073$0
Funding fee$625$625$0
Note rate3.77%3.77%7.18%
Blended rate3.77%6.296%7.42%
1st payment$777.62$777.62$2,316.83
2nd payment$0.00$1,401.93$0.00
Taxes / mo$112.00$112.00$112.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$68.40
HOA / mo$102.00$102.00$102.00
Total monthly$1,141.62$2,543.55$2,749.23
Cash to close$255,073$38,000$38,000