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$170,501$170,501$276,300
Remaining term (yrs)23.623.630.0
Secondary amount$0$105,799$0
Funding fee$853$853$0
Note rate3.3%3.3%7.18%
Blended rate3.3%5.1%7.42%
1st payment$863.78$863.78$1,871.75
2nd payment$0.00$705.33$0.00
Taxes / mo$75.08$75.08$75.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$55.26
HOA / mo$652.00$652.00$652.00
Total monthly$1,740.87$2,446.19$2,804.10
Cash to close$136,499$30,700$30,700