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$81,177$81,177$211,410
Remaining term (yrs)23.023.030.0
Secondary amount$0$130,233$0
Funding fee$406$406$0
Note rate3.6%3.6%7.18%
Blended rate3.6%6.31%7.42%
1st payment$431.91$431.91$1,432.16
2nd payment$0.00$868.22$0.00
Taxes / mo$59.92$59.92$59.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$42.28
HOA / mo$153.00$153.00$153.00
Total monthly$794.83$1,663.05$1,837.36
Cash to close$153,723$23,490$23,490