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$118,034$118,034$404,910
Remaining term (yrs)18.318.330.0
Secondary amount$0$286,876$0
Funding fee$590$590$0
Note rate3.730%3.730%7.240%
Blended rate3.730%6.578%7.480%
1st payment$739.17$739.17$2,759.45
2nd payment$0.00$1,852.74$0.00
Taxes / mo$182.00$182.00$182.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$80.98
HOA / mo$153.50$153.50$153.50
Total monthly$1,224.67$3,077.41$3,325.94
Cash to close$331,866$44,990$44,990