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$182,934$182,934$286,200
Remaining term (yrs)23.923.930.0
Secondary amount$0$103,266$0
Funding fee$915$915$0
Note rate2.9%2.9%7.18%
Blended rate2.9%4.74%7.42%
1st payment$882.41$882.41$1,938.82
2nd payment$0.00$688.44$0.00
Taxes / mo$125.75$125.75$125.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$57.24
HOA / mo$147.00$147.00$147.00
Total monthly$1,305.16$1,993.60$2,418.81
Cash to close$135,066$31,800$31,800