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$93,943$93,943$315,000
Remaining term (yrs)23.623.630.0
Secondary amount$0$221,057$0
Funding fee$470$470$0
Note rate3.23%3.23%7.18%
Blended rate3.23%6.402%7.42%
1st payment$472.49$472.49$2,133.92
2nd payment$0.00$1,427.66$0.00
Taxes / mo$129.00$129.00$129.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$63.00
HOA / mo$300.00$300.00$300.00
Total monthly$1,051.49$2,479.15$2,775.92
Cash to close$256,057$35,000$35,000