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$111,011$111,011$291,600
Remaining term (yrs)19.119.130.0
Secondary amount$0$180,589$0
Funding fee$555$555$0
Note rate2.48%2.48%7.18%
Blended rate2.48%5.899%7.42%
1st payment$604.86$604.86$1,975.40
2nd payment$0.00$1,203.93$0.00
Taxes / mo$74.67$74.67$74.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$58.32
HOA / mo$180.00$180.00$180.00
Total monthly$1,009.52$2,213.45$2,438.39
Cash to close$212,989$32,400$32,400