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$180,557$180,557$292,500
Remaining term (yrs)24.624.630.0
Secondary amount$0$111,943$0
Funding fee$903$903$0
Note rate3.13%3.13%7.18%
Blended rate3.13%4.994%7.42%
1st payment$876.23$876.23$1,981.50
2nd payment$0.00$746.28$0.00
Taxes / mo$79.67$79.67$79.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$58.50
HOA / mo$110.00$110.00$110.00
Total monthly$1,215.90$1,962.18$2,379.66
Cash to close$144,443$32,500$32,500