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$145,160$145,160$292,500
Remaining term (yrs)24.124.130.0
Secondary amount$0$147,340$0
Funding fee$726$726$0
Note rate2.87%2.87%7.18%
Blended rate2.87%5.454%7.42%
1st payment$692.97$692.97$1,981.50
2nd payment$0.00$982.27$0.00
Taxes / mo$96.42$96.42$96.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$58.50
HOA / mo$120.00$120.00$120.00
Total monthly$1,059.38$2,041.65$2,406.41
Cash to close$179,840$32,500$32,500