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$100,294$100,294$328,500
Remaining term (yrs)28.628.630.0
Secondary amount$0$228,206$0
Funding fee$501$501$0
Note rate6.89%6.89%7.18%
Blended rate6.89%7.487%7.42%
1st payment$668.61$668.61$2,225.37
2nd payment$0.00$1,473.83$0.00
Taxes / mo$96.00$96.00$96.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$65.70
HOA / mo$45.00$45.00$45.00
Total monthly$959.61$2,433.44$2,582.07
Cash to close$264,706$36,500$36,500