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$190,615$190,615$358,650
Remaining term (yrs)25.125.130.0
Secondary amount$0$168,035$0
Funding fee$953$953$0
Note rate2.51%2.51%7.18%
Blended rate2.51%5.082%7.42%
1st payment$852.01$852.01$2,429.62
2nd payment$0.00$1,120.24$0.00
Taxes / mo$135.83$135.83$135.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.73
HOA / mo$0.00$0.00$0.00
Total monthly$1,137.85$2,258.08$2,787.18
Cash to close$207,885$39,850$39,850