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$201,768$201,768$238,410
Remaining term (yrs)25.325.330.0
Secondary amount$0$36,642$0
Funding fee$1,009$1,009$0
Note rate3.11%3.11%7.18%
Blended rate3.11%4.015%7.42%
1st payment$957.90$957.90$1,615.07
2nd payment$0.00$274.82$0.00
Taxes / mo$102.83$102.83$102.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$47.68
HOA / mo$0.00$0.00$0.00
Total monthly$1,210.73$1,485.55$1,915.59
Cash to close$63,132$26,490$26,490