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$147,676$147,676$265,410
Remaining term (yrs)23.723.730.0
Secondary amount$0$117,734$0
Funding fee$738$738$0
Note rate3.15%3.15%7.18%
Blended rate3.15%5.301%7.42%
1st payment$734.85$734.85$1,797.98
2nd payment$0.00$784.89$0.00
Taxes / mo$147.92$147.92$147.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$53.08
HOA / mo$80.00$80.00$80.00
Total monthly$1,112.77$1,897.66$2,228.98
Cash to close$147,224$29,490$29,490