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$170,953$170,953$276,750
Remaining term (yrs)24.024.030.0
Secondary amount$0$105,797$0
Funding fee$855$855$0
Note rate2.98%2.98%7.18%
Blended rate2.98%4.899%7.42%
1st payment$829.68$829.68$1,874.80
2nd payment$0.00$705.31$0.00
Taxes / mo$162.92$162.92$162.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$55.35
HOA / mo$108.00$108.00$108.00
Total monthly$1,250.59$1,955.91$2,351.07
Cash to close$136,547$30,750$30,750