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$188,589$188,589$368,910
Remaining term (yrs)20.820.830.0
Secondary amount$0$180,321$0
Funding fee$943$943$0
Note rate3.9%3.9%7.18%
Blended rate3.9%5.904%7.42%
1st payment$1,100.18$1,100.18$2,499.12
2nd payment$0.00$1,202.14$0.00
Taxes / mo$193.67$193.67$193.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$73.78
HOA / mo$265.00$265.00$265.00
Total monthly$1,708.84$2,910.98$3,181.57
Cash to close$221,311$40,990$40,990