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$170,813$170,813$251,910
Remaining term (yrs)22.422.430.0
Secondary amount$0$81,097$0
Funding fee$854$854$0
Note rate4.41%4.41%7.18%
Blended rate4.41%5.888%7.42%
1st payment$998.65$998.65$1,706.53
2nd payment$0.00$608.23$0.00
Taxes / mo$182.25$182.25$182.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$50.38
HOA / mo$170.00$170.00$170.00
Total monthly$1,500.90$2,109.13$2,259.16
Cash to close$109,087$27,990$27,990