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$140,327$140,327$350,910
Remaining term (yrs)16.216.230.0
Secondary amount$0$210,583$0
Funding fee$702$702$0
Note rate3.29%3.29%7.18%
Blended rate3.29%5.966%7.42%
1st payment$926.42$926.42$2,377.19
2nd payment$0.00$1,360.01$0.00
Taxes / mo$81.92$81.92$81.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$70.18
HOA / mo$0.00$0.00$0.00
Total monthly$1,158.34$2,518.35$2,679.29
Cash to close$249,573$38,990$38,990