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	$226,705	$226,705	$328,500
Remaining term (yrs)	28.3	28.3	30.0
Secondary amount	$0	$101,795	$0
Funding fee	$1,134	$1,134	$0
Note rate	6.890%	6.890%	7.240%
Blended rate	6.890%	7.234%	7.480%
1st payment	$1,517.00	$1,517.00	$2,238.72
2nd payment	$0.00	$678.63	$0.00
Taxes / mo	$148.33	$148.33	$148.33
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$0.00	$0.00	$65.70
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,815.33	$2,493.96	$2,602.75
Cash to close	$138,295	$36,500	$36,500