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$152,182$152,182$288,000
Remaining term (yrs)24.124.130.0
Secondary amount$0$135,818$0
Funding fee$761$761$0
Note rate2.72%2.72%7.18%
Blended rate2.72%5.21%7.42%
1st payment$714.83$714.83$1,951.01
2nd payment$0.00$905.45$0.00
Taxes / mo$93.33$93.33$93.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$57.60
HOA / mo$23.00$23.00$23.00
Total monthly$981.17$1,886.62$2,274.95
Cash to close$167,818$32,000$32,000