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$104,089$104,089$166,500
Remaining term (yrs)24.824.830.0
Secondary amount$0$62,411$0
Funding fee$520$520$0
Note rate2.78%2.78%7.18%
Blended rate2.78%5.112%7.42%
1st payment$482.89$482.89$1,127.93
2nd payment$0.00$468.09$0.00
Taxes / mo$64.75$64.75$64.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$33.30
HOA / mo$0.00$0.00$0.00
Total monthly$697.64$1,165.72$1,375.98
Cash to close$80,911$18,500$18,500