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$202,202$202,202$238,410
Remaining term (yrs)25.325.330.0
Secondary amount$0$36,208$0
Funding fee$1,011$1,011$0
Note rate3.110%3.110%7.320%
Blended rate3.110%4.005%7.560%
1st payment$957.90$957.90$1,637.71
2nd payment$0.00$271.56$0.00
Taxes / mo$102.83$102.83$102.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$47.68
HOA / mo$0.00$0.00$0.00
Total monthly$1,210.73$1,482.29$1,938.23
Cash to close$62,698$26,490$26,490