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$189,828$189,828$386,910
Remaining term (yrs)29.829.830.0
Secondary amount$0$197,082$0
Funding fee$949$949$0
Note rate6.5%6.5%7.18%
Blended rate6.5%7.264%7.42%
1st payment$1,200.93$1,200.93$2,621.06
2nd payment$0.00$1,313.88$0.00
Taxes / mo$89.83$89.83$89.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$77.38
HOA / mo$48.33$48.33$48.33
Total monthly$1,489.09$2,802.97$2,986.61
Cash to close$240,072$42,990$42,990