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$222,964$222,964$332,910
Remaining term (yrs)23.123.130.0
Secondary amount$0$109,946$0
Funding fee$1,115$1,115$0
Note rate3.68%3.68%7.18%
Blended rate3.68%5.107%7.42%
1st payment$1,190.35$1,190.35$2,255.25
2nd payment$0.00$732.97$0.00
Taxes / mo$131.92$131.92$131.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$66.58
HOA / mo$76.42$76.42$76.42
Total monthly$1,548.69$2,281.66$2,680.17
Cash to close$146,936$36,990$36,990