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$180,795$180,795$263,700
Remaining term (yrs)23.923.930.0
Secondary amount$0$82,905$0
Funding fee$904$904$0
Note rate3.02%3.02%7.18%
Blended rate3.02%4.9%7.42%
1st payment$883.26$883.26$1,786.40
2nd payment$0.00$621.79$0.00
Taxes / mo$191.00$191.00$191.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$52.74
HOA / mo$265.00$265.00$265.00
Total monthly$1,489.26$2,111.05$2,445.14
Cash to close$112,205$29,300$29,300