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	$290,601	$290,601	$791,100
Remaining term (yrs)	24.2	24.2	30.0
Secondary amount	$0	$500,499	$0
Funding fee	$1,453	$1,453	$0
Note rate	2.720%	2.720%	7.240%
Blended rate	2.720%	5.902%	7.480%
1st payment	$1,365.02	$1,365.02	$5,391.33
2nd payment	$0.00	$3,232.39	$0.00
Taxes / mo	$280.83	$280.83	$280.83
Insurance / mo	$216.67	$216.67	$216.67
MI / mo	$0.00	$0.00	$158.22
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,862.52	$5,094.90	$6,047.05
Cash to close	$588,399	$87,900	$87,900