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$39,476$39,476$413,100
Remaining term (yrs)6.66.630.0
Secondary amount$0$373,624$0
Funding fee$197$197$0
Note rate5.850%5.850%7.320%
Blended rate5.850%7.568%7.560%
1st payment$591.06$591.06$2,837.71
2nd payment$0.00$2,412.99$0.00
Taxes / mo$143.33$143.33$143.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$82.62
HOA / mo$0.00$0.00$0.00
Total monthly$901.06$3,314.05$3,230.33
Cash to close$419,524$45,900$45,900