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$66,840$66,840$332,100
Remaining term (yrs)13.213.230.0
Secondary amount$0$265,260$0
Funding fee$334$334$0
Note rate3.5%3.5%7.18%
Blended rate3.5%6.895%7.42%
1st payment$523.38$523.38$2,249.76
2nd payment$0.00$1,713.14$0.00
Taxes / mo$98.42$98.42$98.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$66.42
HOA / mo$165.00$165.00$165.00
Total monthly$936.79$2,649.93$2,729.60
Cash to close$302,160$36,900$36,900