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$221,455$221,455$314,910
Remaining term (yrs)22.622.630.0
Secondary amount$0$93,455$0
Funding fee$1,107$1,107$0
Note rate4.1%4.1%7.18%
Blended rate4.1%5.554%7.42%
1st payment$1,248.77$1,248.77$2,133.31
2nd payment$0.00$700.92$0.00
Taxes / mo$171.92$171.92$171.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$62.98
HOA / mo$92.00$92.00$92.00
Total monthly$1,662.69$2,363.61$2,610.21
Cash to close$128,445$34,990$34,990