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$193,953$193,953$224,910
Remaining term (yrs)24.324.330.0
Secondary amount$0$30,957$0
Funding fee$970$970$0
Note rate2.710%2.710%7.240%
Blended rate2.710%3.576%7.480%
1st payment$905.66$905.66$1,532.76
2nd payment$0.00$232.18$0.00
Taxes / mo$68.33$68.33$68.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$44.98
HOA / mo$355.00$355.00$355.00
Total monthly$1,478.99$1,711.17$2,151.07
Cash to close$55,947$24,990$24,990