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$179,947$179,947$476,550
Remaining term (yrs)23.523.530.0
Secondary amount$0$296,603$0
Funding fee$900$900$0
Note rate2.98%2.98%7.18%
Blended rate2.98%5.949%7.42%
1st payment$886.00$886.00$3,228.32
2nd payment$0.00$1,915.56$0.00
Taxes / mo$217.75$217.75$217.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$95.31
HOA / mo$153.50$153.50$153.50
Total monthly$1,423.92$3,339.48$3,861.54
Cash to close$349,553$52,950$52,950