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$12,874$12,874$351,000
Remaining term (yrs)1.71.730.0
Secondary amount$0$338,126$0
Funding fee$64$64$0
Note rate6.91%6.91%7.18%
Blended rate6.91%7.719%7.42%
1st payment$624.71$624.71$2,377.80
2nd payment$0.00$2,183.73$0.00
Taxes / mo$70.50$70.50$70.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$70.20
HOA / mo$0.00$0.00$0.00
Total monthly$845.21$3,028.94$2,668.50
Cash to close$377,126$39,000$39,000