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$217,568$217,568$369,000
Remaining term (yrs)22.922.930.0
Secondary amount$0$151,432$0
Funding fee$1,088$1,088$0
Note rate3.55%3.55%7.18%
Blended rate3.55%5.376%7.42%
1st payment$1,154.53$1,154.53$2,499.73
2nd payment$0.00$1,009.54$0.00
Taxes / mo$387.00$387.00$387.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$73.80
HOA / mo$107.33$107.33$107.33
Total monthly$1,798.86$2,808.40$3,217.86
Cash to close$192,432$41,000$41,000