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$128,558$128,558$513,000
Remaining term (yrs)15.515.530.0
Secondary amount$0$384,442$0
Funding fee$643$643$0
Note rate3.95%3.95%7.18%
Blended rate3.95%6.798%7.42%
1st payment$921.73$921.73$3,475.24
2nd payment$0.00$2,482.86$0.00
Taxes / mo$166.83$166.83$166.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$102.60
HOA / mo$134.00$134.00$134.00
Total monthly$1,389.23$3,872.08$4,045.34
Cash to close$441,442$57,000$57,000