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$107,918$107,918$459,000
Remaining term (yrs)24.424.430.0
Secondary amount$0$351,082$0
Funding fee$540$540$0
Note rate3.02%3.02%7.18%
Blended rate3.02%6.638%7.42%
1st payment$519.90$519.90$3,109.43
2nd payment$0.00$2,267.41$0.00
Taxes / mo$287.92$287.92$287.92
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$91.80
HOA / mo$58.17$58.17$58.17
Total monthly$1,032.65$3,300.06$3,713.98
Cash to close$402,082$51,000$51,000