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$175,337$175,337$413,910
Remaining term (yrs)24.024.030.0
Secondary amount$0$238,573$0
Funding fee$877$877$0
Note rate2.89%2.89%7.18%
Blended rate2.89%5.691%7.42%
1st payment$842.84$842.84$2,803.97
2nd payment$0.00$1,540.78$0.00
Taxes / mo$63.17$63.17$63.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$82.78
HOA / mo$0.00$0.00$0.00
Total monthly$1,072.67$2,613.45$3,116.59
Cash to close$284,563$45,990$45,990