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$106,142$106,142$312,300
Remaining term (yrs)19.919.930.0
Secondary amount$0$206,158$0
Funding fee$531$531$0
Note rate3.46%3.46%7.18%
Blended rate3.46%6.292%7.42%
1st payment$613.40$613.40$2,115.63
2nd payment$0.00$1,331.44$0.00
Taxes / mo$84.50$84.50$84.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$62.46
HOA / mo$0.00$0.00$0.00
Total monthly$847.90$2,179.34$2,412.59
Cash to close$240,858$34,700$34,700