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$138,522$138,522$341,100
Remaining term (yrs)19.619.630.0
Secondary amount$0$202,578$0
Funding fee$693$693$0
Note rate2.97%2.97%7.18%
Blended rate2.97%5.809%7.42%
1st payment$775.68$775.68$2,310.73
2nd payment$0.00$1,308.31$0.00
Taxes / mo$130.25$130.25$130.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$68.22
HOA / mo$95.00$95.00$95.00
Total monthly$1,150.93$2,459.24$2,754.20
Cash to close$240,478$37,900$37,900