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$132,863$132,863$517,500
Remaining term (yrs)19.319.330.0
Secondary amount$0$384,637$0
Funding fee$664$664$0
Note rate3.81%3.81%7.18%
Blended rate3.81%6.738%7.42%
1st payment$807.78$807.78$3,505.73
2nd payment$0.00$2,484.12$0.00
Taxes / mo$182.42$182.42$182.42
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$103.50
HOA / mo$68.67$68.67$68.67
Total monthly$1,225.54$3,709.65$4,026.98
Cash to close$442,137$57,500$57,500