Martin Tsatskin | Elevate48

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	$188,968	$188,968	$256,500
Remaining term (yrs)	24.3	24.3	30.0
Secondary amount	$0	$67,532	$0
Funding fee	$945	$945	$0
Note rate	2.740%	2.740%	7.240%
Blended rate	2.740%	4.388%	7.480%
1st payment	$885.27	$885.27	$1,748.04
2nd payment	$0.00	$506.49	$0.00
Taxes / mo	$164.67	$164.67	$164.67
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$0.00	$0.00	$51.30
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,199.94	$1,706.42	$2,114.01
Cash to close	$96,032	$28,500	$28,500