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$230,915$230,915$295,200
Remaining term (yrs)25.225.230.0
Secondary amount$0$64,285$0
Funding fee$1,155$1,155$0
Note rate3.1%3.1%7.18%
Blended rate3.1%4.385%7.42%
1st payment$1,097.43$1,097.43$1,999.79
2nd payment$0.00$482.13$0.00
Taxes / mo$198.67$198.67$198.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$59.04
HOA / mo$133.00$133.00$133.00
Total monthly$1,579.10$2,061.23$2,540.49
Cash to close$97,085$32,800$32,800