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$63,004$63,004$315,000
Remaining term (yrs)14.714.730.0
Secondary amount$0$251,996$0
Funding fee$315$315$0
Note rate4.46%4.46%7.18%
Blended rate4.46%7.092%7.42%
1st payment$484.49$484.49$2,133.92
2nd payment$0.00$1,627.47$0.00
Taxes / mo$149.25$149.25$149.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$63.00
HOA / mo$0.00$0.00$0.00
Total monthly$783.74$2,411.21$2,496.17
Cash to close$286,996$35,000$35,000