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$193,801$193,801$254,250
Remaining term (yrs)24.524.530.0
Secondary amount$0$60,449$0
Funding fee$969$969$0
Note rate3.05%3.05%7.18%
Blended rate3.05%4.465%7.42%
1st payment$934.53$934.53$1,722.38
2nd payment$0.00$453.36$0.00
Taxes / mo$83.92$83.92$83.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$50.85
HOA / mo$329.00$329.00$329.00
Total monthly$1,497.45$1,950.81$2,336.14
Cash to close$88,699$28,250$28,250