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$175,869$175,869$629,100
Remaining term (yrs)24.824.830.0
Secondary amount$0$453,231$0
Funding fee$879$879$0
Note rate2.78%2.78%7.18%
Blended rate2.78%6.361%7.42%
1st payment$815.89$815.89$4,261.74
2nd payment$0.00$2,927.12$0.00
Taxes / mo$223.50$223.50$223.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$125.82
HOA / mo$51.33$51.33$51.33
Total monthly$1,257.39$4,184.51$4,829.06
Cash to close$523,131$69,900$69,900