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$137,092$137,092$332,910
Remaining term (yrs)19.319.330.0
Secondary amount$0$195,818$0
Funding fee$685$685$0
Note rate3.81%3.81%7.18%
Blended rate3.81%6.275%7.42%
1st payment$833.50$833.50$2,255.25
2nd payment$0.00$1,305.45$0.00
Taxes / mo$88.42$88.42$88.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$66.58
HOA / mo$0.00$0.00$0.00
Total monthly$1,071.91$2,377.36$2,560.25
Cash to close$232,808$36,990$36,990