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$118,944$118,944$402,750
Remaining term (yrs)21.621.630.0
Secondary amount$0$283,806$0
Funding fee$595$595$0
Note rate4.55%4.55%7.18%
Blended rate4.55%6.805%7.42%
1st payment$718.62$718.62$2,728.37
2nd payment$0.00$1,832.91$0.00
Taxes / mo$173.83$173.83$173.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$80.55
HOA / mo$27.67$27.67$27.67
Total monthly$1,070.12$2,903.04$3,160.42
Cash to close$328,556$44,750$44,750