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$181,840$181,840$719,910
Remaining term (yrs)23.223.230.0
Secondary amount$0$538,070$0
Funding fee$909$909$0
Note rate3.610%3.610%7.240%
Blended rate3.610%6.704%7.480%
1st payment$964.02$964.02$4,906.17
2nd payment$0.00$3,475.04$0.00
Taxes / mo$176.50$176.50$176.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$143.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,357.18$4,832.22$5,443.32
Cash to close$618,060$79,990$79,990