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$233,030$233,030$265,500
Remaining term (yrs)25.425.430.0
Secondary amount$0$32,470$0
Funding fee$1,165$1,165$0
Note rate3.92%3.92%7.18%
Blended rate3.92%4.541%7.42%
1st payment$1,205.68$1,205.68$1,798.59
2nd payment$0.00$243.52$0.00
Taxes / mo$69.67$69.67$69.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$53.10
HOA / mo$255.00$255.00$255.00
Total monthly$1,680.34$1,923.87$2,326.36
Cash to close$61,970$29,500$29,500