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$180,789$180,789$400,000
Remaining term (yrs)22.622.630.0
Secondary amount$0$219,210$0
Funding fee$904$904$0
Note rate4.17%4.17%7.18%
Blended rate4.17%6.132%7.42%
1st payment$1,028.62$1,028.62$2,709.74
2nd payment$0.00$1,415.73$0.00
Taxes / mo$154.17$154.17$154.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$80.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,332.79$2,748.52$3,093.90
Cash to close$263,655$44,444$44,444