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$187,449$187,449$359,730
Remaining term (yrs)24.224.230.0
Secondary amount$0$172,281$0
Funding fee$937$937$0
Note rate2.25%2.25%7.18%
Blended rate2.25%5.004%7.42%
1st payment$836.38$836.38$2,436.94
2nd payment$0.00$1,148.54$0.00
Taxes / mo$198.17$198.17$198.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.95
HOA / mo$78.00$78.00$78.00
Total monthly$1,262.54$2,411.09$2,935.05
Cash to close$212,251$39,970$39,970