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$101,170$101,170$220,500
Remaining term (yrs)21.921.930.0
Secondary amount$0$119,330$0
Funding fee$506$506$0
Note rate4.51%4.51%7.18%
Blended rate4.51%6.399%7.42%
1st payment$604.93$604.93$1,493.74
2nd payment$0.00$795.54$0.00
Taxes / mo$77.67$77.67$77.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$44.10
HOA / mo$321.00$321.00$321.00
Total monthly$1,153.60$1,949.13$2,086.51
Cash to close$143,830$24,500$24,500