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$143,762$143,762$225,000
Remaining term (yrs)24.424.430.0
Secondary amount$0$81,238$0
Funding fee$719$719$0
Note rate2.73%2.73%7.18%
Blended rate2.73%4.994%7.42%
1st payment$671.15$671.15$1,524.23
2nd payment$0.00$609.28$0.00
Taxes / mo$82.33$82.33$82.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$45.00
HOA / mo$0.00$0.00$0.00
Total monthly$903.48$1,512.76$1,801.56
Cash to close$106,238$25,000$25,000