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$188,318$188,318$1,170,000
Remaining term (yrs)6.96.930.0
Secondary amount$0$981,682$0
Funding fee$942$942$0
Note rate4.08%4.08%7.18%
Blended rate4.08%7.159%7.42%
1st payment$2,581.02$2,581.02$7,925.99
2nd payment$0.00$6,340.03$0.00
Taxes / mo$169.42$169.42$169.42
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$234.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,967.11$9,307.14$8,546.07
Cash to close$1,111,682$130,000$130,000