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$118,418$118,418$287,865
Remaining term (yrs)23.223.230.0
Secondary amount$0$169,447$0
Funding fee$592$592$0
Note rate3.68%3.68%7.18%
Blended rate3.68%6.223%7.42%
1st payment$630.77$630.77$1,950.10
2nd payment$0.00$1,129.65$0.00
Taxes / mo$105.17$105.17$105.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$57.57
HOA / mo$0.00$0.00$0.00
Total monthly$885.94$2,015.59$2,262.84
Cash to close$201,432$31,985$31,985